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Discover Ludwig"asset classes" is a correct and usable phrase in written English.
It is often used to refer to distinct groups of investments that are identified by the type of asset they contain. For example, "These are the major asset classes - stocks, bonds, cash and alternative investments."
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Other asset classes have been equally disappointing.
We have clearinghouses for different asset classes.
Mr. Evensky recommends diversifying within asset classes.
How should they treat alternative asset classes?
Does cryptocurrency behave like other asset classes?
There are now index funds for dozens of asset classes.
Wildlife and habitats are "asset classes" in an "ecosystems market".
"It invests across asset classes including equities, bonds and gold.
As other asset classes head south, they may remember.
They can thus afford to invest in illiquid asset classes.
And other asset classes have been similarly buoyant.
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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