本帖隐藏的内容

The traditional asset allocation to
equities and bonds is characterized
by high volatihty and a lack of sufficient
diversification, particularly
during periods of distress. The meltdown of
2001-2002, in which markets around the
world tumbled together, amply demonstrated
this fact. As a consequence, a gradual shift in
strategic allocations has occurred toward alternative
asset classes, such as private equity, hedge
funds, and commodities.'