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Resumo da Biografia
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Excluding entire asset classes can be a tough sell, some financial advisers say. Investors needs to be asking instead whether a good point class has been doing simply because it should.
“You may put together a low-volatility portfolio of hedge funds, and they'll become very consistent return,” Mr. Stackman of UBS said. “But you're failing to get enough the generous returns the S. & P. has been supplying you with since 2009.”
That has to be around 2 percent annually for hedge funds versus about 18 percent with the S. & P. 500. And plenty of asset classes now take over stood a good run.
There's another cautionary argument on private investments. Because they are inherently risky, they should be undertaken only by way of the most experienced investors.
Michael W. Sonnenfeldt, founder and chairman of Tiger 21, a good investment club if you have $10 million to $1 billion, said the group's 630 members had increased their investments in private equity and real estate.
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