RT Journal Article
SR Electronic
T1 APACS
JF The Journal of Wealth Management
FD Institutional Investor Journals
SP 72
OP 87
DO 10.3905/jwm.2006.628692
VO 9
IS 1
A1 Gary R. Greenbaum
YR 2006
UL https://pm-research.com/content/9/1/72.abstract
AB This article introduces a new service that wealth management firms can offer to high net worth clients—to include alternative asset classes in their diversified investment portfolios. “APACS” (Alternative Pooled Asset Class Service) overcomes many of the real-world obstacles, which, until now, have limited their clients' ability to reduce their portfolio risk levels by diversifying into negatively correlated alternative asset classes such as oil and gas, venture capital, timber, private mortgage, arbitrage, and real estate.TOPICS: Wealth management, real assets/alternative investments/private equity, portfolio construction, risk management