The Allocator's Edge: A modern guide to alternative investments and the future of diversification
We are entering a golden age of alternative investments.

Alternative asset classes including private equity, hedge funds, catastrophe reinsurance, real assets, non-traditional credit, alternative risk premia, digital assets, collectibles, and other novel assets are now available to investors and their advisors in a way that they never have been before.

The pursuit of diversification is not as straightforward as it once was — and the classic 60/40 portfolio may no longer be sufficient in helping investors achieve their most important financial goals. With the ever-present need for sustainable income and risk management, alternative assets are poised to play a more prominent role in investor portfolios.

Phil Huber is the Chief Investment Officer for a multi-billion dollar wealth management firm and acts as your guide on a journey through the past, present, and future of alternative investments. In this groundbreaking tour de force, he provides detailed coverage across the spectrum of alternative assets: their risk and return characteristics, methods to gain exposure, and how to fit everything into a balanced portfolio.

With a foreword by Clifford Asness, The Allocator’s Edge addresses:

1. Why the future may present challenges for traditional portfolios; why the adoption of alternatives has remained elusive for many allocators; and why the case for alternatives is more compelling than ever thanks to financial evolution and innovation.

2. A comprehensive survey of the asset classes and strategies that comprise the vast universe of alternative investments.

3. How to build durable and resilient portfolios that harness alternative assets; and how to sharpen the client communication skills needed to establish proper expectations and make the unfamiliar familiar.

The Allocator’s Edge is written with the practitioner in mind, providing financial advisors, institutional allocators, and other professional investors the confidence and courage needed to effectively understand, implement, and translate alternatives for their clients.

Alternative investments are the allocator’s edge for the portfolios of tomorrow — and this is the essential guide for advisors and investors looking to seize the opportunity.

1139732607
The Allocator's Edge: A modern guide to alternative investments and the future of diversification
We are entering a golden age of alternative investments.

Alternative asset classes including private equity, hedge funds, catastrophe reinsurance, real assets, non-traditional credit, alternative risk premia, digital assets, collectibles, and other novel assets are now available to investors and their advisors in a way that they never have been before.

The pursuit of diversification is not as straightforward as it once was — and the classic 60/40 portfolio may no longer be sufficient in helping investors achieve their most important financial goals. With the ever-present need for sustainable income and risk management, alternative assets are poised to play a more prominent role in investor portfolios.

Phil Huber is the Chief Investment Officer for a multi-billion dollar wealth management firm and acts as your guide on a journey through the past, present, and future of alternative investments. In this groundbreaking tour de force, he provides detailed coverage across the spectrum of alternative assets: their risk and return characteristics, methods to gain exposure, and how to fit everything into a balanced portfolio.

With a foreword by Clifford Asness, The Allocator’s Edge addresses:

1. Why the future may present challenges for traditional portfolios; why the adoption of alternatives has remained elusive for many allocators; and why the case for alternatives is more compelling than ever thanks to financial evolution and innovation.

2. A comprehensive survey of the asset classes and strategies that comprise the vast universe of alternative investments.

3. How to build durable and resilient portfolios that harness alternative assets; and how to sharpen the client communication skills needed to establish proper expectations and make the unfamiliar familiar.

The Allocator’s Edge is written with the practitioner in mind, providing financial advisors, institutional allocators, and other professional investors the confidence and courage needed to effectively understand, implement, and translate alternatives for their clients.

Alternative investments are the allocator’s edge for the portfolios of tomorrow — and this is the essential guide for advisors and investors looking to seize the opportunity.

39.99 In Stock
The Allocator's Edge: A modern guide to alternative investments and the future of diversification

The Allocator's Edge: A modern guide to alternative investments and the future of diversification

The Allocator's Edge: A modern guide to alternative investments and the future of diversification

The Allocator's Edge: A modern guide to alternative investments and the future of diversification

Hardcover

$39.99 
  • SHIP THIS ITEM
    In stock. Ships in 2-4 days.
  • PICK UP IN STORE

    Your local store may have stock of this item.

Related collections and offers


Overview

We are entering a golden age of alternative investments.

Alternative asset classes including private equity, hedge funds, catastrophe reinsurance, real assets, non-traditional credit, alternative risk premia, digital assets, collectibles, and other novel assets are now available to investors and their advisors in a way that they never have been before.

The pursuit of diversification is not as straightforward as it once was — and the classic 60/40 portfolio may no longer be sufficient in helping investors achieve their most important financial goals. With the ever-present need for sustainable income and risk management, alternative assets are poised to play a more prominent role in investor portfolios.

Phil Huber is the Chief Investment Officer for a multi-billion dollar wealth management firm and acts as your guide on a journey through the past, present, and future of alternative investments. In this groundbreaking tour de force, he provides detailed coverage across the spectrum of alternative assets: their risk and return characteristics, methods to gain exposure, and how to fit everything into a balanced portfolio.

With a foreword by Clifford Asness, The Allocator’s Edge addresses:

1. Why the future may present challenges for traditional portfolios; why the adoption of alternatives has remained elusive for many allocators; and why the case for alternatives is more compelling than ever thanks to financial evolution and innovation.

2. A comprehensive survey of the asset classes and strategies that comprise the vast universe of alternative investments.

3. How to build durable and resilient portfolios that harness alternative assets; and how to sharpen the client communication skills needed to establish proper expectations and make the unfamiliar familiar.

The Allocator’s Edge is written with the practitioner in mind, providing financial advisors, institutional allocators, and other professional investors the confidence and courage needed to effectively understand, implement, and translate alternatives for their clients.

Alternative investments are the allocator’s edge for the portfolios of tomorrow — and this is the essential guide for advisors and investors looking to seize the opportunity.


Product Details

ISBN-13: 9780857197931
Publisher: Harriman House
Publication date: 11/30/2021
Pages: 324
Product dimensions: 6.45(w) x 9.30(h) x 1.40(d)

About the Author

Phil Huber, CFA, CFP®, as both a wealth management practitioner and an investment industry thought leader, is uniquely qualified in understanding the merits of alternative investments as well as the myriad challenges that accompany their use in the portfolios of wealthy individuals and families. As the Chief Investment Officer for Savant Wealth Management, Phil leads the firm’s investment and portfolio-management related functions. Phil has been featured across many prominent media outlets, including The Wall Street Journal, The New York Times, InvestmentNews, CityWire RIA Magazine, and Bloomberg TV, and was named one of Investopedia’s Top 100 Financial Advisors (2018-2020). He also authors a popular investing blog, bps and pieces, and is active on Twitter and LinkedIn.

Table of Contents

Foreword Cliff Asness xi

Introduction 1

How to Use This Book 9

Part I The Allocator's Dilemma 13

Chapter 1 Hindsight is 60/40-The Impaired Vision of Traditional Portfolios 15

Chapter 2 Alternatives-The Most Loaded Word in Investing 37

Chapter 3 How Investors Got to Now-The Evolution of Asset Allocation and the Democratization of Alternatives 55

Part II The Past, Present and Future of Alternative Investments 77

Chapter 4 Too Big to Ignore-The Usual Suspects of Alternative Investing 79

Chapter 5 When Alpha Met Beta-Systematic Approaches to Alternative Risk Premia 107

Chapter 6 The Investor as Underwriter-Natural Diversification from Catastrophe Reinsurance and Insurance-Linked Securities 139

Chapter 7 Keeping It Real-Cash Flow and Inflation Protection from Essential Assets 157

Chapter 8 Extra Credit-Filling the income Void with Non-TraditionaL Lending Strategies 185

Chapter 9 The Future investable Universe-Novel Asset Classes at the Intersection of Finance and Technology 207

Part III Building Better Portfolios 229

Chapter 10 Containers and Contents-Matching the Right Structure with the Right Investment 231

Chapter 11 The Allocator as Architect-Designing and Constructing Modern Portfolios 251

Chapter 12 Sharpening Your Edge-Cultivating the Client Experience Through Courage and Communication 271

Appendices 293

Appendix 1 Investment Options by Category 295

Appendix 2 Research Rabbit Hole 299

Appendix 3 Investment Principles 311

Acknowledgments 315

Index 319

From the B&N Reads Blog

Customer Reviews