subscribe to our newsletter sign up

SMSF trustees looking to alternative assets

Alternative assets outside of the traditional asset classes of cash, equities, fixed income and property are attracting greater interest from SMSF trustees, according to Certitude Global Investments.

 

Certitude Global Investments chief executive Craig Mowll said the market volatility experienced in October has seen SMSF trustees re-evaluate their asset allocations.

As trustees look to assets like global equities he said they are also considering alternative assets such as hedge funds, infrastructure and even private equity as other ways of diversifying their SMSFs, Mr Mowll said.

“They’re now realising alternatives are a good way of having an investment in markets where there is a fair bit of volatility,” he said.

Mr Mowll said the performance of Australian equities and fixed income is making it more difficult for SMSF trustees not to consider other types of assets in their portfolio.

He said advisers are playing a key role in assisting their SMSF trustees to determine what assets they should diversify with and what proportion of their SMSF they should allocate.

“There are a lot of strategies individuals need to get their head around so having an adviser to help them with asset allocation is critical,” he said.

SMSF trustees looking to alternative assets
nestegg logo
subscribe to our newsletter sign up
FROM THE WEB
Recommended by Spike Native Network
Anonymous - Why does this get all the media attention when in reality it affects very few and the charges are minimal? How about reporting on all the ISA TPD.......
Anonymous - This got to be the smartest comment this century ?!....
nan - So what do you do if you are being ripped of and then can't afford the body corporate fees....
MarkL - The banks may not charge dead people any more ........... but they won't charge them any less either!....