Asset Allocation in the Modern World (July 2007)
A report from the IPF/IPFET Joint Research Programme. The role of alternative assets within an institutional investment portfolio are examined, with particular reference to the proportional allocation between alternative assets and commercial real estate. Overall, investment allocations to alternative assets remains low but continues to be a growth area and expanding beyond private equity to other forms of alternative investment. The characteristics and role of alternative assets within a mixed asset portfolio are examined.