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The phrase "an asset class" is correct and usable in written English.
It is typically used in finance and investment contexts to refer to a group of financial instruments that have similar characteristics and behave similarly in the marketplace.
Example: "Real estate is often considered a separate asset class due to its unique risk and return profile compared to stocks and bonds."
Alternatives: "a category of assets" or "a type of investment".
Exact(60)
It should be an asset class decision.
Even within an asset class, tracking error can vary considerably.
Such stamps can perform well as an asset class.
Real estate is an asset class with trading value.
This is an asset class distinct from the existing coupon bonds.
"We aren't talking about an asset class that has anything to do with subprime".
Nicola Hill looks at the risks of investing in property as an asset class.
"This is an access class, not an asset class," she said.
(People at the fairs kept informing me that art works are now an "asset class").
"I am opposed to thinking about commodities as an asset class," he said.
As an asset class, timberland falls into the category of alternative investments.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com