Alternative Assets

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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 ?
Since the end of 2012, more than 400 plans have added John Hancock Investments' alternative strategies, including John Hancock Global Absolute Return Strategies Fund and John Hancock Alternative Asset Allocation Fund.
24 August 2015 - Jersey-based Sanne Group, Plc, a specialist provider of outsourced corporate and fund administration services to alternative asset managers, financial institutions and corporates, has been informed that on 21 August 2015, Inflexion Private Equity sold their entire remaining shareholding in Sanne, the company said on Monday.
26 February 2013 -- Global alternative asset manager The Carlyle Group (NASDAQ: CG) reported that Jacques Chappuis will join the firm as managing director and head of the solutions business segment.
27 July 2015 - US-based alternative asset managers Ares Management, L.
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