Not exact matches
Assets rose mainly in «
alternative risk premia», an automated investment style, but also thanks to the launch
of a $ 400 million European credit product and modest flows into computer - driven and discretionary long - only funds.
Diversification
of and within
asset classes, particularly
alternative assets, can enhance portfolio returns while reducing portfolio concentration and
risk.
We have benefited from this year's rally in stocks and bonds (our Multi
Asset Risk Strategy ETF Model Portfolio has a Sharpe ratio of over 3 this year — and that's with no leverage), but we are managing our risk by incorporating asset classes such as gold through the iShares Gold Trust (IAU); liquid alternatives through the IQ Hedge Multi-Strategy Tracker ETF (QAI), long - dated Treasuries through the iShares 20 + Year Treasury Bond ETF (TLT)-- each of which diversify our portfolio risk and carry well within an ETF portfolio const
Asset Risk Strategy ETF Model Portfolio has a Sharpe ratio of over 3 this year — and that's with no leverage), but we are managing our risk by incorporating asset classes such as gold through the iShares Gold Trust (IAU); liquid alternatives through the IQ Hedge Multi-Strategy Tracker ETF (QAI), long - dated Treasuries through the iShares 20 + Year Treasury Bond ETF (TLT)-- each of which diversify our portfolio risk and carry well within an ETF portfolio constr
Risk Strategy ETF Model Portfolio has a Sharpe ratio
of over 3 this year — and that's with no leverage), but we are managing our
risk by incorporating asset classes such as gold through the iShares Gold Trust (IAU); liquid alternatives through the IQ Hedge Multi-Strategy Tracker ETF (QAI), long - dated Treasuries through the iShares 20 + Year Treasury Bond ETF (TLT)-- each of which diversify our portfolio risk and carry well within an ETF portfolio constr
risk by incorporating
asset classes such as gold through the iShares Gold Trust (IAU); liquid alternatives through the IQ Hedge Multi-Strategy Tracker ETF (QAI), long - dated Treasuries through the iShares 20 + Year Treasury Bond ETF (TLT)-- each of which diversify our portfolio risk and carry well within an ETF portfolio const
asset classes such as gold through the iShares Gold Trust (IAU); liquid
alternatives through the IQ Hedge Multi-Strategy Tracker ETF (QAI), long - dated Treasuries through the iShares 20 + Year Treasury Bond ETF (TLT)-- each
of which diversify our portfolio
risk and carry well within an ETF portfolio constr
risk and carry well within an ETF portfolio construct.
The bottom line: Investors are being offered better returns for taking
risk in the low - return landscape, and a portfolio allocation to a broader, diversified mix
of assets — including
alternatives, global equities and emerging market (EM)
assets — can potentially help improve returns, in our view.
BlackBerry's ability to manage inventory and
asset risk; BlackBerry's reliance on suppliers
of functional components for its products and
risks relating to its supply chain; BlackBerry's ability to obtain rights to use software or components supplied by third parties; BlackBerry's ability to successfully maintain and enhance its brand;
risks related to government regulations, including regulations relating to encryption technology; BlackBerry's ability to continue to adapt to recent board and management changes and headcount reductions; reliance on strategic alliances with third - party network infrastructure developers, software platform vendors and service platform vendors; BlackBerry's reliance on third - party manufacturers; potential defects and vulnerabilities in BlackBerry's products;
risks related to litigation, including litigation claims arising from BlackBerry's practice
of providing forward - looking guidance; potential charges relating to the impairment
of intangible
assets recorded on BlackBerry's balance sheet;
risks as a result
of actions
of activist shareholders; government regulation
of wireless spectrum and radio frequencies;
risks related to economic and geopolitical conditions;
risks associated with acquisitions; foreign exchange
risks; and difficulties in forecasting BlackBerry's financial results given the rapid technological changes, evolving industry standards, intense competition and short product life cycles that characterize the wireless communications industry, and the company's previously disclosed review
of strategic
alternatives.
REWARDING
RISK By Udayan Gupta Edward Mathias is a member
of the board
of directors and a managing director and partner
of the Carlyle Group, the global
alternative asset management firm.
As an
alternative asset class, real estate provides benefits such as a stable flow
of income and a diversified portfolio with minimal
risk.
This is evident in a number
of developments, including: increased demand for higher -
risk assets; the increase in «carry trades» — a form
of gearing where funds are borrowed short - term at low interest rates and invested in higher - yielding
assets, often in other countries; growth in
alternative investment vehicles such as hedge funds; and growth in
alternative investment strategies such as selling embedded options (see Box A).
The current market environment may also warrant investors to consider adding
alternative investments as part
of the rebalancing process, as the
risk levels for traditional
assets such as stocks and bonds have almost certainly risen.
In our third report this year, we explore how increasing numbers
of investors are using
alternative assets to help manage
risk and take action in the face
of market uncertainty.
Investment banks such as Goldman Sachs are also moving closer to trading bitcoin, but are still evaluating the
risks and potentials
of the
alternative asset class.
> June 7 — The Future
of Alternatives: Disruptive Trends Impacting Private
Asset Classes (PwC Tower, 18 York St., Toronto) Find out how experts in private alternative asset classes such as Private Equity, Real Estate, Infrastructure and Agriculture are addressing risks and opportunities from disruption and innovation when assessing future investment opportuni
Asset Classes (PwC Tower, 18 York St., Toronto) Find out how experts in private
alternative asset classes such as Private Equity, Real Estate, Infrastructure and Agriculture are addressing risks and opportunities from disruption and innovation when assessing future investment opportuni
asset classes such as Private Equity, Real Estate, Infrastructure and Agriculture are addressing
risks and opportunities from disruption and innovation when assessing future investment opportunities.
A bill expanding the share
of New York public pension funds that can be invested in complex, high -
risk alternative assets such as private equity and hedge funds has been vetoed by Governor Andrew Cuomo.
«I think that failure
of vision puts them at a real
risk of having stranded
assets,
of losing market share [to
alternative energy sources] and even
of becoming irrelevant.»
The idea behind
asset allocation is that because not all investments are alike, you can balance
risk and return in your portfolio by spreading your investment dollars among different types
of assets, such as stocks, bonds, and cash
alternatives.
So as he synthesizes the themes
of the last six or seven years, he comes down to really basic ideas for each chapter:
Risk, Return, Stocks, Bonds, Portfolio Management, Does Active Investing Work, ETFs, Global Investing,
Alternative Assets, Behavioral Finance, Using Media, and the Lost Decade.
This has led to some investors exploring
risk - factor - based
asset allocation as a potential new framework for portfolio construction, and looking at
alternative beta strategies in an effort to rectify the «defects»
of conventional market portfolios.»
Not only does this mark a new era
of investment
alternatives from traditional
assets like stocks and bonds for investors to use in order to protect against portfolio
risks but as investors allocate to commodities in local Asian markets, the futures growth may help standardize the quality
of energy and food to make prices less volatile and their environment cleaner.
One very effective tactical method to control
risk is to have the freedom and flexibility to alter the broad
asset allocation
of the portfolios between stocks, bonds, cash,
alternatives, etc..
Moving on to non-traditional bond funds, this type
of alternative asset class invests in debt holdings but seeks to hedge duration and / or credit
risk.
Accelerated Cost Recovery System (ACRS) Acceptance, Waiver, and Consent Procedure Account Guarantee Acknowledgment Accredited investor Accretion Accumulation period Accumulation units Acid test ratio ACRS Actively traded securities Additional bond test Additional takedown Adjustment bonds ADR Ad valorem taxes Advance / decline ratio Advertising Adviser's client account Affiliated Persons Affirmative defense Affirmative determination Agency sales ticket Agency transaction Agent Aggregate indebtedness Agreement among underwriters Agreement
of limited partnership Aggregate exercise price Alpha All - or - none All - or - none underwriting
Alternative minimum tax
Alternative orders
Alternative trading system American Depository Receipt American Stock Exchange (AMEX) American - style options AMTI Amortization Annual report Annuity Annuity units Anti-dilution clause AON Arbitrage Arbitration Asked price
Asset Asset allocation
Asset class Assignment Assistant Representative - Order Processing Associated persons ATS At - the - close order At - the - money At - the - opening order At -
risk rule Auction market Auditor's report Automated Confirmation Transaction (ACT)
The bottom line: Investors are being offered better returns for taking
risk in the low - return landscape, and a portfolio allocation to a broader, diversified mix
of assets — including
alternatives, global equities and emerging market (EM)
assets — can potentially help improve returns, in our view.
But if the
asset allocation models call for someone with my time horizon,
risk tolerance and with my investment goals to have 5 % -10 % in
alternative investments, then an investment
of 5 % into bitcoins seems prudent.
In tandem, the All
Asset funds dialed back risk, as reflected by allocations to «dry powder» asset classes (i.e., short - term bonds, cash equivalents and alternative strategies) of 10.2 % in All Asset and 13.9 % in All Authority, levels meaningfully above the since - inception averages of 7.0 % and 7.5 %, respecti
Asset funds dialed back
risk, as reflected by allocations to «dry powder»
asset classes (i.e., short - term bonds, cash equivalents and alternative strategies) of 10.2 % in All Asset and 13.9 % in All Authority, levels meaningfully above the since - inception averages of 7.0 % and 7.5 %, respecti
asset classes (i.e., short - term bonds, cash equivalents and
alternative strategies)
of 10.2 % in All
Asset and 13.9 % in All Authority, levels meaningfully above the since - inception averages of 7.0 % and 7.5 %, respecti
Asset and 13.9 % in All Authority, levels meaningfully above the since - inception averages
of 7.0 % and 7.5 %, respectively.
When appropriate for a client's portfolio, we offer
alternative assets and strategies, with the goal
of achieving 60 %
of the stock market return with 40 %
of the
risk.
PAAMCO
Alternative Beta offers a portfolio of alternative risk premia diversified across strategies, asset classes and imple
Alternative Beta offers a portfolio
of alternative risk premia diversified across strategies, asset classes and imple
alternative risk premia diversified across strategies,
asset classes and implementations.
Elite Access Advisory features traditional investments,
alternative assets and strategies, tactical and
risk management, and
asset allocation portfolios — all optimized through the benefit
of tax deferral.
Elite Access features traditional investments,
alternative assets and strategies, tactical and
risk management, and
asset allocation portfolios — all optimized through the benefit
of tax deferral.
In today's low return world,
alternative risk premia seem to promise market neutral sources
of return while also diversifying the sources
of return, since they are not highly correlated with traditional
assets.
The subaccounts expect to invest in positions that emphasize
alternative investments or nontraditional
asset classes or investment strategies and, as a result, are subject to the
risk factors
of those
asset classes.
This portfolio expects to invest in positions that emphasize
alternatives or nontraditional
asset classes or investment strategies and, as a result, are subject to the
risk factors
of those
asset classes.
Alternative Asset Opportunities, asset allocation, catalyst, correlation, dividend tax treatment, Event Driven, Expected Value, fighting the Fed, Investegate, IRR, Liquidations, Margin of Safety, offer premium, portfolio allocation, QE, Recommended Cash Offer, Risk Arbitrage, risk - on risk - off, takeover offers, Takeover Panel, VIX, volatility, wind -
Asset Opportunities,
asset allocation, catalyst, correlation, dividend tax treatment, Event Driven, Expected Value, fighting the Fed, Investegate, IRR, Liquidations, Margin of Safety, offer premium, portfolio allocation, QE, Recommended Cash Offer, Risk Arbitrage, risk - on risk - off, takeover offers, Takeover Panel, VIX, volatility, wind -
asset allocation, catalyst, correlation, dividend tax treatment, Event Driven, Expected Value, fighting the Fed, Investegate, IRR, Liquidations, Margin
of Safety, offer premium, portfolio allocation, QE, Recommended Cash Offer,
Risk Arbitrage, risk - on risk - off, takeover offers, Takeover Panel, VIX, volatility, wind -
Risk Arbitrage,
risk - on risk - off, takeover offers, Takeover Panel, VIX, volatility, wind -
risk - on
risk - off, takeover offers, Takeover Panel, VIX, volatility, wind -
risk - off, takeover offers, Takeover Panel, VIX, volatility, wind - down
Anyway, much
of my event - driven exposure was ultimately re-invested in
Alternative Asset Opportunities (TLI: LN)-- so I simply exchanged a low return / relatively uncorrelated
risk for a cheap / high return / totally uncorrelated
risk!
The search for
alternative risk premia began almost as soon as the concept
of the «market» as the main
risk premium was laid out in the early 1960s, through the Capital
Asset Pricing Model.
My view is this: given the wide level
of investing in
alternative investments, there is no reason why they should outperform, and no reason why they should be uncorrelated with other
risk assets, because the same owners own both.
GG: Across the
risk spectrum, there are a variety
of asset types providing remarkable yields relative to the «
risk - free»
alternative of U.S. treasuries.
But there are
risks associated with moving a portion
of one's
assets to
alternative asset classes with histories
of offering lower long - term returns.
When Lamm announced his impending retirement in 2001, the school had an aggressive allocation to risky
assets, with 46 percent
of its endowment in a category labeled «
alternative investments,» primarily hedge funds, private equity, and similar risky investment vehicles — a
risk that was partially balanced by keeping fully 42 percent
of the portfolio in U.S. Treasuries.
«The
alternative asset management industry is well - positioned in the middle
of these forces, providing institutional allocators and family offices with access to investment strategies that offer both diversification from traditional
risk assets and the promise
of a differentiated return profile.»
Over the past decade, there has been a gradual aggregate shift from public equities to fixed - income and
alternative assets, reflecting growing interest in reducing investment
risk, especially in limiting the volatility
of plan liabilities (Figure 6).
With its three divisions — administration, insourcing and
risk management — the company focuses on the efficient and transparent administration
of funds, securities,
alternative asset classes and real estate.
The tax advantage
of digital currencies, plus the return
of a high -
risk, high - reward
alternative asset class.
Join the Deutsche Bank Graduate Programme and, whether your interests lie in investment banking,
asset management, transaction banking, technology, human resources,
risk management or another
of our many
alternatives, you'll have everything you need to succeed in an international banking environment.
While diversifying from traditional stocks and bonds decreases the
risk of massive losses during a market drop, investing in
alternative assets can introduce complex selling regulations and added fees.
Debate the macroeconomic trends and changes from the new tax law guiding the current state
of the capital stack as well as new exposure
risks from HVADC and the best
alternative asset classes and markets offering signs
of growth following the halt in speculative construction lending.