“Whereas real estate was the eye of the storm, the core of the credit crunch, caravan parks are a beneficiary of the recession. We’re all ‘staycationers’ as the pound is relatively weak and we have less money to spend. Caravan parks have been seeing consistent rises in bookings.”
Commodity investing is also a popular choice, particularly precious metals, oil, gas and agriculture, although they can be highly volatile.
Mr Seager-Scott says: “The long-term attraction of commodities comes down to the fact that these are all limited resources, and the expectation is that demand is set to increase, driven primarily from the developing economies.”
The wide choice of alternatives means opportunities for investors are increasing making the life of a multi-asset fund more challenging.
But as Mr Onuekwusi points out: “Nowadays we wouldn’t build a multi-asset fund without an alternatives allocation. A multi-asset fund without alternatives actually isn’t truly a multi-asset fund.”
