Alternative investment
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An alternative investment is an investment product other than traditional investments such as stocks, bonds or cash.
This broad definition makes it impossible to list all alternative strategies, but the most important areas are real estate, private equity, venture capital,commodities, and hedged or absolute return strategies. Wine, art and antiques, indeed any business of value, might also be considered as an alternative investment.
One common theme to alternative investments is that they are often hoped to have modest correlations with traditional investments and so to increase the diversification of investor's portfolios.
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