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SOLUTIONS When, how and if returns on traditional assets return to old levels is not the immediate issue.
"If you're trying to figure out where to store your life savings, traditional assets are still your safest bet".
Last December, Bristol-Myers had said its strategy involved selling off some of its more traditional assets and becoming a "next generation biopharma" company.
Smaller endowments tend to be invested more than larger ones in traditional assets such as domestic equities, which performed well in the rebound from the previous year's sell-off, and fixed income, which benefited from declining interest rates.
The separate E. W. Scripps Company will maintain the company's traditional assets, including The Rocky Mountain News in Denver, The Commercial Appeal in Memphis and 17 other newspapers; 10 broadcast television stations; the United Media syndication outlet; and the Scripps Media Center news service.
As well as providing diversity in the form of different types of commodities, from oil to metals to foodstuffs, that would perform differently, the index would offer diversity at a broader level to those with investments in traditional assets such as shares and bonds.
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Yet the bigger it gets, the less it will be able to outperform traditional asset managers.
Eight defence firms, a few individuals and a Crimean shipping firm face more traditional asset freezes.
Our clients were limited in number: traditional asset managers, pension funds, insurers or private banks.
Historically, major foundations had used mainly stocks, bonds, real estate and other traditional asset classes to build their endowments.
The bigger it grows, the more the boundaries between hedge funds and traditional asset management are blurring.
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CEO of Professional Science Editing for Scientists @ prosciediting.com