Experience Stern | News & Events

Excerpt from The Australian Financial Review -- "Another perspective on alternative assets comes from Stephen Brown of Monash University and the Stern School of Business at New York University. Brown highlights a 60/40 stock/bond portfolio has a 10-year annualised return of 6.6 per cent against 5.6 per cent for hedge funds. Despite this, Brown advocates a small allocation towards hedge funds (5 per cent) and says they do reduce financial risk."

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