What each asset class is, how it makes money, what drives its risk, and where it fits in a portfolio.
Ownership stakes in listed companies, the liquid core of most portfolios.
Lending at a contracted rate, the ballast and income of a portfolio.
Absolute-return approaches meant to diversify a traditional portfolio.
Control ownership of private companies, illiquid and levered, for higher return.
The highest-risk, highest-dispersion corner of private markets.
Illiquid lending for higher, contracted yield than public bonds.
Income-producing property, a tangible hybrid of yield and growth.
Essential long-life assets with stable, often inflation-linked cash flows.
Physical raw materials, an inflation hedge and portfolio diversifier.
Crypto and tokenised assets, the youngest and most volatile alternative.
Art, wine, cars and other passion assets, a small, illiquid diversifier.