asset class

"We tend to still like residential as an asset class, it's just a matter of time, " said an industry source who invests in property in Asia.

"The small size of the dedicated investor base make it a volatile asset class, but the fundamentals remain solid, " she argues.

What, finally, are the lessons, beyond the obvious one that it is idiotic to believe that the prices of any asset class can only go up?

It is all about diversification but within an asset class to which they relate and like.

"Real estate in London is providing investors with an asset class that offers long-term stability, " Teoh says.

Over the past two centuries, stocks have done dramatically better for investors than have bonds or any other asset class.

"It is an intelligent asset class in which to invest, as it is one that appears to be robust, " says Mr Walsh.

Almost every asset class seems to be fraught with danger.

In the darkest days of the crisis, emerging markets hit a bottom, and started to rally months before any other risky asset class.

Clearly the risks need to be rewarded with commensurate returns, or the asset class has no future.

"The core of our strategy is to be a well performing fund for China equities and the Asian asset class. "

The rational investor would want to get out of the asset class before the herd decides to do so.

"Sovereign credit is not the asset class where we would choose to express a bearish structural view, " UBS said in a note to clients.

The investment banking industry told the world it had created a massive new asset class in complex derivatives.

"Film has been and will continue to be a strong-performing asset class. "

A legacy of this period was the creation of an asset class called foreign exchange.

If current growth trends continue, China will follow the same path, making the case to be treated as a separate asset class.

Ms. Richards says: 'It's still not a mature investment class. What we want to see is a little more maturity in that asset class. '

Some good news about 2008 was that, in addition to stocks, just about every asset class sold off, creating some remarkable bargains.

"They have been taking equity risk for a bond return, " says Mr Jones, who predicts trouble ahead for the asset class.

This has had an impact on performance, and on the attractiveness of venture capital as an asset class.

Art is not the only inflated asset class, either.

The net figure is the balance between those respondents who favour an asset class and those who do not.

This asset class is returned by a resource method as a response or can be passed in as a parameter.

Commercial property was a popular asset class for much of this decade.

Mr Smith analyses the "factor risk" obsessively , carrying round details of each of GAM's funds' exposure to each geography and asset class.

Risk is mounting in almost every asset class as a result of the Federal Reserve's low interest rate policy.

Foreign exchange has won broad acceptance as a legitimate asset class in recent years, despite the fact it is a zero sum game.

"Equities as an asset class are being rehabilitated, " said Kevin Gardiner, head of global equity strategy at HSBC.

But some that have been active in the offshore market are giving the asset class a bad name.

One manager says that if SWFs even suggest they are interested in an asset class, the market will price in their intentions.

This is an asset class that has become more mainstream and will continue to do so over the next few years.

Observers say art is a unique asset class and fund managers should be well informed on the nuances of the art market.

'Investors must be more willing to employ cash as a legitimate asset class, ' says Mr. Ablin.

Attractive yields and income tax breaks unique to this type of debt have attracted individual investors to the asset class.

Many in the region see art as an asset class, so prices have headed dramatically upwards at regional auction houses.

However, yields remain extremely low, thus making the asset class very unattractive from a valuation point of view.

A portfolio of commodity-related stocks does not provide a direct or pure asset class exposure to commodities.

But financial turmoil has also increased the attractiveness of commodities as an asset class.

Investments shift, at the touch of a trading keyboard, from one market to another, and from one asset class to another.

"The violation of a risk-free asset class will have long-term consequences. "

Bank of Communications is to launch a US dollar private equity fund in the latest sign of mounting Chinese interest in the asset class.

That means being very open about the detailed criteria used to gauge likely losses for each asset class.

Spread your assets geographically (or by asset class) and the chances are that your investments will not rise and fall together.

So will commodities ever become a mainstream asset class for pension funds, like equities and fixed interest?

Mr MacDonald believes commodities will never be a mainstream asset class for pension funds.

Right now, we are a top-three player across every asset class across the globe.

More importantly, however, the CDS has become the product of choice for those investing in credit as an asset class.

Investors' interest in the asset class is growing, thanks in large part to the extreme macroeconomic environment.

The emergence of commodities as a distinct asset class has also put upward pressure on prices.

For better or worse, Treasurys are the largest fixed-income asset class in the world, by far, and the likelihood of default is next to zero.

Strength in crude prices also boosts interest in commodities as an asset class.

Meanwhile, many limited partners who back PE firms have discovered just how illiquid and long-term holdings in the asset class are.

Commodities have become an "asset class" for investment, making them potentially more volatile.

Institutions over-committed to the asset class, assuming that cash returns would continue as normal.

The S& P GSCI spot commodities index, the asset class benchmark, jumped 2. 1 per cent to its highest level since November.

So what's the only remaining asset class that's still cheap?

Figure 3 assumes that all cash flows generated from each asset class are reinvested and that no taxes or transaction costs are paid.

"There is a lot of money involved here. An asset class is changing. These new companies are becoming global blue chip companies. "

However , some asset allocators have doubts about pension funds' current interest in the asset class .

As they prepare for retirement , they pile into the asset class du jour.

Single sector funds provide an interest in many different investments within one asset class.

Pension funds are also showing interest in the asset class, seeking to diversify portfolios.

It is hardly plausible that any one bank would have the best products in every asset class.

He points out that residential property has outstripped every asset class over the past decade.

Probably not much, given the vast amount of capital and hope invested in the asset class already.

The best performing asset class so far in 2009 has been distressed debt, up by nearly 40%.

And it is inefficiently priced, not least because as an asset class it is hard to short: you can't hedge your exposure.

Wall Street now regards commodities as a new asset class for investors.

As a result, leveraged loans are a conventional asset class held by conventional institutions.

Hedge funds jumped into this asset class but no firm cast a larger shadow in the loan markets than Highland.

'Preferred securities currently represent the highest yielding investment grade asset class, ' he says.

But the best time to invest is when recent returns have disappointed and the asset class has few supporters.

In the flight to safety, however, investors are overlooking one asset class: cash.

The trouble is the asset class is looking exposed after this year's outperformance.

Housing still remains by far the most valuable single asset class, accounting for 56% of the country's net worth.

Investors can suffer significant losses in every asset class.

The eurozone needs a risk-free asset class, and this means something boring and simple.

They don't consider angel investing as an asset class.

In the seven-asset-class growth model, commodities account for 7 per cent of the portfolio, with private equity representing 15 per cent.

Since Lehman Brothers went bust three months ago, almost every asset class has been hammered.

Yes, it is tricky to judge when an asset class is in danger of forming a bubble.

The first asset class to feel the crunch was equities.

It is a different asset class and the diversification benefits have almost evaporated.

Almost every asset class has gained, some dramatically.

One obvious answer is the sheer size of the asset class.

Should we really worry that an asset class that trades at an 11-year low has gone up too much recently?

Within fixed income, credit is the preferred asset class.

For a capital-intensive asset class such as commercial real estate, the impact of tighter debt has been swift and significant.

Therefore, we express a negative view on the asset class relative to both cash and corporate credit on a 6 - 12 month horizon .

As a friend of mine says: 'What for a poor man is a crust, for a rich man is a securitized asset class'.

That's good news for nonfinancial companies, because they should capture more of the new money flowing into the asset class.

But he adds: "There is risk in every type of asset class in a recession. "

'Real estate has become a much bigger asset class in India, ' he says.

And they are heavily exposed to commercial property, an asset class that continues to go downhill fast.

'He's the quintessential opportunist, investing in any asset class, but you have to have a cast-iron stomach. '

Today it appears that no asset class offers a margin of safety.

The rot spread from asset class to asset class, and the banks' pain spread to the real economy.

Obviously Chinese players are here to innovate in the China asset class and Asian equities going forward because that is our strength.

Property is also an inefficient asset class.

Hedge funds are not one asset class.

It was the only major asset class that was up last year.

Cast your eyes over GMO's current 7-Year Asset Class Forecast (Exhibit 2).

Most important of all, property is by far the world's biggest single asset class.

Stagnation would smother inflation, keep interest rates low and kill returns on every asset class but bonds, as it did in Japan.

Commodity -- A reborn asset class for investment diversification

Commodity-related stocks are part of the broader equity asset class;

Venture Capital - Thoughts On The Asset Class

Disaster looms in yet another asset class