Everand Logo

Welcome to Everand!

  • Discover millions of ebooks, audiobooks, and so much more with a free trial

    From $11.99/month after trial. Cancel anytime.

    Multi Asset Class Investment Strategy
    Multi Asset Class Investment Strategy
    Multi Asset Class Investment Strategy
    Ebook237 pages6 hours

    Multi Asset Class Investment Strategy

    By Guy Fraser-Sampson

    5/5

    ()

    Read preview

    About this ebook

    The book explains that instead of asset allocation being set in an isolated and arbitrary fashion, it is in fact the way in which specific hurdle investment returns can be targeted, and that this approach is already in use in the US (and has been for many years). It involves extended and detailed financial analysis of various asset class returns and proposes a five-asset class approach for future use.

    Opening with a study of the historic asset allocation practice of UK pension funds, the book shows how the current approach has led to the present funding crisis. It goes on to compare and contrast the UK approach with that of the US and to propose a new approach to UK asset allocation: the five asset class approach ("MAC Investing").

    The book reviews and analyses different asset classes based on historic returns, examines risk, and concludes with a suggestion of the five asset classes to use; Quoted equities (both Domestic and foreign), hedge funds, private equity and property. This book also includes benchmark performance figures never previously published.

    LanguageEnglish
    PublisherWiley
    Release dateJul 11, 2006
    ISBN9780470033890
    Multi Asset Class Investment Strategy

    Read more from Guy Fraser Sampson

    Related to Multi Asset Class Investment Strategy

    Titles in the series (100)

    View More
    View More

    Related ebooks

    Investments & Securities For You

    View More
    View More

    Related podcast episodes

    Related articles

    • UNLIMITED

      The 7 Best New ETFs of 2019

      Nov 8, 2019

      More than a thousand new ETFs have launched over the past five years. That includes nearly 200 fund debuts through the lion's share of 2019. But ETFs are hitting the market at a slower pace than in previous years. Last year saw 268 new products come

      8 min read

    • UNLIMITED

      2021's Best Mutual Funds in 401(k) Retirement Plans

      Dec 29, 2020

      Sifting through the mutual funds in your 401(k) plan can be intimidating, the array of choices dizzying and maybe even paralyzing. But it doesn't have to be. Every year, with the help of financial data firm BrightScope, a financial data firm that rat

      1 min read

    • UNLIMITED

      Ditching Two Old Assumptions That Could Benefit Investors

      May 28, 2021

      in his book The Most Important Thing – Uncommon Sense for the Thoughtful Investor, Howard Marks argues that investing is all about making decisions today about the future. Unfortunately, nobody has perfect foresight of the future. Therefore, the inve

      2 min read

    • UNLIMITED

      What To Consider To Achieve The Best Results

      Oct 31, 2024

      Managed funds are an efficient way for retail investors to gain exposure to an asset class. Typically, they involve pooling investors’ funds together within a trust structure of sorts and a fund manager is appointed to deploy these funds in accordanc

      2 min read

    • UNLIMITED

      How Should YOU Measure Your Investment Performance?

      Aug 22, 2018

      I've spent over 25 years in the financial advisory profession but recently had a startling realization about investment performance. During a friendly debate with a friend who manages a small-cap mutual fund, I realized even seasoned investment profe

      2 min read

    • UNLIMITED

      When It Comes to Investing, Diversification Is Not All the Same

      Sep 9, 2019

      When the stock market took a dive in 2008, plenty of people thought their portfolios were well protected against anything too dire. After all, they had carefully made sure they had a diversified lineup of investments, as nearly everyone recommended.

      2 min read

    • UNLIMITED

      Standing Tall Amid Turbulence

      Mar 5, 2020

      Standing Tall Amid Turbulence
      4 min read

    • UNLIMITED

      Beating Covid-19 Blues

      Mar 18, 2021

      Beating Covid-19 Blues
      4 min read

    • UNLIMITED

      Pointers On A Sustainable Portfolio

      Sep 10, 2021

      as an investor, one could almost be forgiven for being either petrified or excited given an abundance of investment possibilities. Choice and variety are meant to be good, right? A catch, though, is that choices can no longer be constructed simply on

      3 min read

    • UNLIMITED

      Help Mitigate Loss with a Diversified Portfolio

      Jan 7, 2019

      Many people watch the news every night and look at how the Dow and the S&P 500 ended that day. They see it up or down and think their portfolio should be the same. Simply put, in most cases that is not the case and, in my opinion, should not be the c

      5 min read

    • UNLIMITED

      Taking Calculated Risks

      Nov 25, 2021

      the Denker Sanlam Collective Investments (SCI) Balanced Fund has delivered top-quartile performance over multiple periods since inception. Such consistent performance across market cycles and macro developments is the ideal outcome for investors. But

      3 min read

    • UNLIMITED

      Just When You Think You Understand Risk …

      May 28, 2021

      this week I was asked to teach a workshop on “risk” to a group of graduate students in portfolio management. I was probably right to be concerned. I was about to walk into their classroom and blow apart everything that their highly-rated textbook (an

      3 min read

    • UNLIMITED

      The Kip ETF 20: The 20 Best Cheap ETFs You Can Buy

      Feb 4, 2019

      Investors have literally thousands of exchange-traded funds (ETFs) to choose from. Considering most portfolios only need a handful, that makes picking the best ETFs a daunting task. More than a dozen funds track well-known basic indexes such as the S

      9 min read

    • UNLIMITED

      Sa’s Top Equity Funds

      Oct 8, 2021

      Sa’s Top Equity Funds
      8 min read

    • UNLIMITED

      Discovery Launches South Africa's First Global Discretionary Fund Manager

      Sep 30, 2022

      Discovery Group has launched Cogence, a discretionary fund manager (DFM) seeking to significantly enhance the business of wealth creation in South Africa. Cogence will bring asset allocation views from BlackRock, one of the world's leading asset mana

      2 min read

    • UNLIMITED

      Should You Listen to Warren Buffett?

      May 27, 2020

      Warren Buffett made news in early May by stating that "passive management" should remain an integral part of an investor's portfolio. For years, Buffett has crafted and stuck to a very specific investing strategy: "Rule No. 1: Never lose money. Rule

      4 min read

    • UNLIMITED

      A Top Hedge Fund

      Oct 11, 2024

      A Top Hedge Fund
      2 min read

    • UNLIMITED

      Analysing For Unintended Risk

      May 28, 2021

      risk has always been a primary consideration for fund managers and their clients. However, what each party has in mind when thinking about risk and how to manage it can be quite divergent. Clear and thorough communication around risk is therefore an

      3 min read

    • UNLIMITED

      Evolution Of The 'Humachine'

      Dec 25, 2018

      Evolution Of The 'Humachine'
      2 min read

    • UNLIMITED

      The Champions Gallery

      Mar 5, 2020

      People often face tough choices while buying investment and insurance products. This is because few have the time or the expertise to do their own research. BT-MT Financial Awards are an attempt to identify the best mutual funds, pension funds and in

      6 min read

    • UNLIMITED

      A Balanced, But Not Traditional, Solution

      Sep 10, 2021

      investors who want to invest offshore with a longer time horizon are likely to have one of three needs: capital preservation with some growth; growing their wealth in real terms with some protection; or maximum long-term growth. Most investors may fi

      3 min read

    • UNLIMITED

      Best Index Tracker Funds

      Oct 4, 2022

      Best Index Tracker Funds
      6 min read

    • UNLIMITED

      Dividend Vs Growth ETFs

      Feb 1, 2024

      As well as the attraction of low fees and strong diversification, exchange traded funds (ETFs) listed on the Australian Securities Exchange (ASX) give investors the potential to pocket regular income. ETFs that focus on dividends will, by definition,

      1 min read

    • UNLIMITED

      2022's Best Mutual Funds in 401(k) Retirement Plans

      Dec 29, 2020

      Deciding which mutual funds to hold within your 401(k) can be intimidating, the array of choices dizzying and maybe even paralyzing. But it doesn't have to be. Every year, with the help of financial data firm BrightScope, a financial data firm that r

      1 min read

    Related categories

    Reviews for Multi Asset Class Investment Strategy

    5/5

    2 ratings1 review

    What did you think?

    Tap to rate

    Review must be at least 10 words

    • 5/5
      Guy Fraser-Sampson with his first book, Multi Asset Class Investment Strategy, has made a huge contribution to practice of portfolio theory.Picking up where David Swensen in his book Pioneering Portfolio Management leaves off, Fraser-Sampson demonstrates how blind faith in so-called “alternative assets” and faulty risk-adjusted performance metrics cause institutional investors to under-perform market measures.The author shows how different asset class – hedge funds, private equity, real estate, etc. – returns can be compared to those of listed equities. At the risk of simplifying his thoughts, the author argues portfolio managers need to adopt a long-term view. Returns must be compounded over many years. Not, as the current obsession requires, earned quarter-to-quarter.The fact that most of the illustrations in this book are drawn from UK data in no way detracts from the validity of its message. It is clear and pragmatic. The Yale Model represents the best Portfolio Theory has to offer. Combine it with Fraser-Sampson’s unique thoughts on risk, liquidity and Total Funding; it represents the future of institutional investing.Penned by the Pointed PunditOctober 4, 200611:20:47 AM

    Book preview

    Multi Asset Class Investment Strategy - Guy Fraser-Sampson

    Enjoying the preview?
    Page 1 of 1