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The Investment Assets Handbook

A definitive practical guide to asset classes

By Yoram Lustig

eBook £35.99 / $42.99
Paperback £40.00 / $70.00
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The Investment Assets Handbook

A definitive practical guide to asset classes

By Yoram Lustig

Jacket text

Investors who build diversified, multi-asset portfolios, have an ever increasing range of investment assets at their disposal. In order to invest effectively – and build a solid, performing portfolio – it is essential for investors to understand each of these single asset classes and how to use them in portfolios. The Investment Assets Handbook covers the full spectrum of different asset classes and investment types available today, providing investors with the definitive information they need to reach an understanding of the broad range of investment assets.

The Handbook is divided into four parts:

1. An introduction to asset classes, including how they should be defined, the main features that can be used to characterise asset classes and the roles that different assets fulfil within a multi-asset portfolio.

2. Traditional assets, including global equities, fixed income and cash.

3. Alternative assets, including real estate, commodities, private equity and hedge funds.

4. New alternative investments, including currency, infrastructure, structured finance, leveraged loans, structured products, alternative or smart betas, volatility, art, insurance-linked securities and timber.

Each asset chapter within these sections provides a description of the asset and its characteristics, its historic performance, how to model its future long-term performance, the role it performs in a multi-asset portfolio, its risks, how to access it, and other relevant topics. Long-term investment themes that may impact the future behaviour of assets and investing generally are also highlighted and discussed.

The Investment Assets Handbook is the essential guide that investors need as they navigate the universe of investment assets and build multi-asset portfolios.

About the author

Yoram joined AXA Investment Managers in 2013 as Head of Multi-Asset Investments UK and Deputy Global Head of Multi-Asset Investments. From 2009 to 2012, Yoram was Head of Multi-Asset Funds at Aviva Investors, leading the multi-asset team and managing a range of multi-billion, multi-asset portfolios. From 2002 to 2009 he was head of portfolio construction at Merrill Lynch, responsible for managing multi-asset discretionary portfolios.

Yoram began his career in 1998 as a lawyer, specialising in corporate, financial and commercial law. Yoram was awarded the Chartered Advisor in Philanthropy (CAP) designation in 2007; the Professional Risk Manager (PRM) certification in 2005; the Charted Financial Analyst (CFA) designation in 2004; an MBA from London Business School in 2002; and a law degree from Tel Aviv University in 1997. He is admitted to both the Israel and New York State Bars. He had studied Electrical Engineering for two years in the Technion – Israel Institute of Technology prior to his military service. Yoram is the author of the book Multi-Asset Investing: A practical guide to modern portfolio management (Harriman House, 2013).

Media coverage

From DIY Investor Magazine:

We are experiencing extraordinary times in financial markets says Yoram Lustig, author of The Investment Assets Handbook I have no doubt that investors always think the times they are living through are astonishing. But just examine what financial markets are telling us today and you will agree that these conditions are as unusual as they… Read more »

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From Traders Day Trading:

The pluralism of investment asset classes requires investors to understand their characteristics and roles in multi-asset portfolios says Yoram Lustig, author of The Investment Assets Handbook In the last two decades of the twentieth century investors enjoyed an impressive bull run in both equities and bonds. Multi-asset portfolios then were really only bi-asset portfolios, mainly… Read more »

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About the Author

Part I: Introduction

Part II: Traditional Asset Classes
1. Global Equities
2. Fixed Income
3. Preferred stocks
4. Cash

Part III: Alternative Investments
5. Real estate (property)
6. Commodities
7. Private equity
8. Hedge funds

Part IV: New Alternative Investments
9. Currency
10. Infrastructure
11. Structured finance
12. Leveraged loans
13. Structured products
14. Alternative betas
15. Volatility
16. Art
17. Insurance linked securities (ILS)
18. Timber


Published: 02/12/2014
Edition: 1st
Pages: 350
Formats: ebook - ISBN 9780857194091
paperback - ISBN 9780857194015
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