Israelsen: Uncertain Alternatives

Posted on May 18th, 2013 at 4:55 PM

By: Craig L Israelsen, Ph.D.

Some people see the investment universe as divided into just two classes of assets: core investments and alternative investments. Others prefer to view the asset allocation world as having three categories: core assets, diversifiers, and alternatives.

Diversifiers are not traditional equity of fixed-income asset classes, but they have a long-term record of performance showing them to be valuable in a well-diversified portfolio. Among alternative assets, the jury is still out. Yet there are signs that these asset classes might be used selectively as satellite positions around a diversified core portfolio...

Read more at the full PDF here.

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