Stocks and bonds may dominate most conversations about investing, but they are only part of the broader investment universe.
Whether you are early in your career or more established in your practice, having a clear understanding of your financial position is an important step toward long-term success.
As part of our ongoing video series, Amélie Beauregard, Portfolio Manager, shares a practical framework designed specifically for medical professionals. It is intended to help identify gaps, bring clarity to your financial picture and support more informed decision-making.
Transcript
I’m Kyle Smith, a Portfolio Manager at Newport Private Wealth.
With a quick illustration of alternative investments, for most people, investing means buying and selling stocks and bonds. This makes sense. Stocks and bonds are easy to access and track, and they dominate the headlines.
However, sophisticated investors like Newport understand the investable universe includes alternatives that extend well beyond traditional investments.
The term alternative investments has become a catch-all phrase. But at their most basic, they include asset classes with the common thread being that they are not publicly traded.
The alternative investment universe is both weighty and expansive. Newport has developed a 20-plus-year history of successfully investing in this space.
Examples of some current areas of focus and expertise within alternatives include private equity, infrastructure, private debt and real estate. Within each of these, there are numerous sub-sectors and opportunities.
Newport invests as a limited partner alongside other sophisticated, experienced and committed investors, such as institutional and pension plan investors.
Most importantly, alternative investments are typically private in nature. A key advantage is that the universe of alternatives in which Newport invests does not have daily closing prices.
This insulates them from the wild swings in sentiment that often override public markets.
As a result, alternatives contribute to more stable and predictable returns, while helping to dampen overall portfolio volatility.
They are a core part of Newport’s strategy and provide our clients with the diversification needed to weather volatile markets.
For more than 20 years, Newport has been helping families make the most of the opportunities they’ve created for themselves.
Let us show you how alternative investments are an important part of a diversified portfolio.
