Description

Alternative investments tend to be investments that fall outside of the traditional asset classes of equity, fixed income, and cash, and are often held within portfolios to provide diversification away from these more traditional asset classes. The main alternatives covered are hedge funds, private equity, commodities, real estate, and foreign exchange.

Learning Objectives

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1. Compare alternative investments and traditional asset classes.
2. Identify the characteristics and benefits of hedge funds.
3. Identify the characteristics and benefits of private equity.
4. Identify the characteristics and benefits of commodities.
5. Identify the characteristics and benefits of foreign exchange.