The Superclasses of Assets Revisited
By Robert Greer, Scholar-in-Residence, J.P. Morgan Center for Commodities (JPMCC), University of Colorado Denver Business School and Member of both the JPMCC’s Research Council and the GCARD’s Editorial Advisory Board
The three “super asset classes” are Capital Assets, Consumable/Transformable Assets, and Store of Value Assets. This framework can help asset allocators consider the diversification of risk factors that produces more effective portfolios. This framework also contributes to the understanding of how commodity investing fits into comprehensive portfolios.
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