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The fund invests in asset classes that aren't corroded by inflation as many stocks can be; those classes include real estate investment trusts and Treasury Inflation Protected Securities, he said.
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CMT owns and invests in assets, which are used, or predominantly used, for retail purposes primarily in Singapore.
Because Kinder Morgan invests in assets with more predictable earnings than Enron's trading business, its unit holders don't require as high a return on their investment, either.
What the fund will achieve is to establish Newport Beach as a community that respects the arts and invests in assets that ensure the creation of public value.
Since riskier investments are the sweet spot during a recovery, investors who want to benefit from that need to invest in asset classes like equities.
This is accomplished by investing in asset classes like private equity that feature low correlation to the markets.
A common response to proposals for investing in asset development is that there are not enough funds available.
Social investment might be used for multiple purposes: growth, working capital, investing in assets.
"We invest in assets as opposed to stage or geography".
They do this by creating incentives for people to maintain and invest in assets, which leads to specialization and trade.
In contrast, investing in assets typically boosts productivity only twofold, he notes.
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