Table of Contents

About the Author Disclaimer Acknowledgements Preface Part I: Introduction Part II: Traditional Asset Classes Introduction 1. Global Equities 2. Fixed Income 3. Preferred stocks 4. Cash Part III: Alternative Investments Introduction 5. Real estate (property) 6. Commodities 7. Private equity 8. Hedge funds Part IV: New Alternative Investments Introduction 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 Conclusion Bibliography Index

About the Author

Yoram Lustig is a multi-asset portfolio manager and author. He has been professionally managing assets since 2002 and writing since 2012. In 2013 he joined AXA Investment Managers as Head of Multi-Asset Investments (MAI) UK and Deputy Global Head of MAI and has been the lead fund manager of AXA IM Smart Diversified Growth Fund since its launch in April 2014. From 2009 to 2012, he was Head of Multi-Asset Funds at Aviva Investors, leading the multi-asset team and managing a range of multi-billion pound, multi-asset portfolios, focusing on institutional investors. From 2002 to 2009 he was head of portfolio construction at Merrill Lynch, managing multi-asset discretionary portfolios, focusing on wealthy individuals. He began his career in 1998 as a lawyer, specialising in corporate, financial and commercial law. Yoram is also the author of Multi-Asset Investing: A practical guide to modern portfolio management. He 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. Yoram had studied Electrical Engineering for two years in the Technion - Israel Institute of Technology prior to his military service. He lives in London, he is married and a father of two young children.