It reduces the risk of individual investments the same way «asset allocation» reduces the risk of single asset classes. (retailinvestor.org)
We saw this within single asset classes, as well as across geographies and in multi-asset portfolios. (franklintempleton.com)
Single asset class investment pools, both index and actively managed, that can be combined by donors who want to recommend a more customized investment strategy. (schwabcharitable.org)