
Endowment funds such as Yale University’s, which focuses on investment alternatives, have been great examples of multi-asset-class investing strategies over the last two decades. Case in point: Yale’s endowment experienced $759 million in investment gains for the year ending June 30, 2023, according to its 2022-2023 financial report.
In addition to diversification, alternatives also offer potential investment opportunities that often have a low correlation to volatility in traditional markets.