- The Big Picture - http://www.ritholtz.com/blog -
What is the Best Asset Class in 2014 Going to Be?
Posted By Barry Ritholtz On January 22, 2014 @ 1:00 pm In Asset Allocation,Digital Media,Investing | Comments Disabled
Source: JP Morgan 
Whenever anyone asks me about my favorite sector or market for the coming year, I like to show the table above. While not quite a quintillion-to-one bet , the table reveals what a challenge it is to consistently identify the best asset class for the coming year. No one seems to be able to do it regularly.
The recognition of that truth hasn’t stopped anyone from trying, as noted in the Bloomberg News story earlier this week: Hedge Funds’ Assets Increase 17% to Record $2.63 Trillion . Hence, the romancing of alpha continues even if it means forsaking beta .
Continues here 
Article printed from The Big Picture: http://www.ritholtz.com/blog
URL to article: http://www.ritholtz.com/blog/2014/01/what-is-the-best-asset-class-in-2014-going-to-be/
URLs in this post:
 Image: http://www.ritholtz.com/blog/wp-content/uploads/2014/01/asset-perf.png
 JP Morgan: https://www.jpmorganfunds.com/cm/Satellite?UserFriendlyURL=diguidetomarkets&pagename=jpmfVanityWrapper
 quintillion-to-one bet: http://www.bloomberg.com/news/2014-01-21/buffett-makes-millions-selling-500-to-1-monkey-linked-derivatives.html
 Hedge Funds’ Assets Increase 17% to Record $2.63 Trillion: http://www.bloomberg.com/news/2014-01-21/hedge-funds-assets-increase-17-to-record-2-63-trillion.html
 forsaking beta: http://www.ritholtz.com/blog/2013/06/romancing-alpha-forsaking-beta-3/
 Continues here: http://www.bloomberg.com/news/2014-01-22/what-will-be-the-best-asset-class-in-2014-ritholtz-chart.html
Copyright © 2008 The Big Picture. All rights reserved.