Alternative Assets

(redirected from Alternative asset)
Also found in: Wikipedia.

Alternative Assets

Highly valuable assets that are not usually found in a portfolio. Examples include rare coins and stamps, artwork, a Babe Ruth rookie card, and so forth. Alternative assets are usually less liquid than other assets because they are more difficult to sell and are often highly expensive. However, one may add alternative assets to a portfolio because they tend to maintain their values when the rest of the market is performing poorly. An alternative asset may aid in portfolio diversification. Some banks charge an additional fee to store alternative assets because of their sensitive nature. See also: Christie's.
References in periodicals archive ?
Blackstone Group Inc (NYSE:BX) disclosed on Tuesday that Limin Wang joined as a managing director on the Quantitative Research team in Blackstone Alternative Asset Management (BAAM).
9 August 2019 - US-based Blackstone Alternative Asset Management (BAAM) has acquired a passive, minority investment in UK-based international private equity firm BC Partners, the company said.
MidOcean Partners, a New York-based alternative asset manager that specialises in middle market private equity and alternative credit investments, has said that it has appointed Dana Carey as its chief investment officer.
Generali Acquires Alternative Asset Management Firm CM Investment Solutions
MANAMA: Investcorp, a Bahrain-based alternative investments manager, has launched its Strategic Capital Partners strategy, which will focus on minority equity investments in mid-sized alternative asset managers.
21 (BNA): Investcorp the global manager of alternative investments announced today the launch of its Strategic Capital Partners strategy, which will focus on minority equity investments in mid-sized alternative asset managers.
PENSCO Trust Company, a wholly-owned subsidiary of Opus Bank ("Opus") (NASDAQ: OPB), is a leading alternative asset IRA custodian with $14 billion of assets under custody and nearly three decades of expertise providing custodian services for self-directed IRAs, qualified plans, and other self-directed accounts that are invested in alternative assets, including private equity, real estate, notes, cash, and other non-exchange traded assets.
Global alternative asset manager The Carlyle Group released its 2018 Corporate Citizenship Report, its eighth annual report.
Insurers and their asset managers, pressured by the need to increase returns in a persistently low-yield environment, have been forced out of their bond-centric comfort zones and are increasing their investments in alternative asset classes.
According to the report, 'Alternative Asset Management in 2020: Fast Forward to Centre Stage', the rapid developments in the global economic environment have pushed asset management to the forefront of social economic change.
Dubai: Al Masah Capital, the Dubai headquartered alternative asset management company specialising in private equity and alternate asset classes is expecting another round of investment boom in the region led by regional and international investors.
Cerulli's report, "Alternative Products and Strategies 2013: Identifying Enduring Opportunities in Complex Markets," shows that 72 percent of asset managers have built alternative asset business internally with an existing portfolio management team.
Full browser ?