Managing Specialty Assets in a Challenging
Environment
Dennis Moon
National Executive, Managing Director
Specialty Asset Management
US TRUST
BANK OF AMERICA
PRIVATE WEALTH MANAGEMENT
New York, New York
During these times of market volatility, specialty assets such as
commercial & residential real estate, farm & ranchland,
timberland, oil & gas and closely held businesses can play a
significant role as part of a well-diversified portfolio. BUT, it is
also very important to ensure that proper governance and controls
are in place and that organizations have a solid risk management
discipline to accept, manage and handle the disposition of these
types of complex assets. Many times, these types of specialty assets
are performing very well compared to other assets in portfolio. Yet,
they may also represent illiquid assets or concentrations that must
be recognized and managed. Come hear a robust discussion around why
these specialty assets are attracting investors, how do they fit
into a fiduciary portfolio, why in this challenging environment
organization must be have strong oversight processes in place to
effectively manage these assets and what some of those processes
look like.
