A class of investments that have similar characteristics, including risk factors and how returns are created; they include equity, fixed income and non-traditional.
A subset within an asset class; for example equity market segments include small cap, large cap and international.
Strategies using stocks (examples include mutual funds, exchange traded funds (ETFs), separate account managers (SMAs)).
Fixed Income Strategies
Strategies using bonds.
Strategies using other investment opportunities (examples include hedge funds, real estate investment trusts, currency).