BANK OF AMERICA
The booming U.S. energy market, robust housing recovery and strengthening economy are creating growth opportunities for investors of non-financial specialty assets, including farmland, timberland, real estate, private businesses, and oil and gas, according to U.S. Trust. In a report published today on its 2014 outlook for non-financial assets, U.S. Trust’s Specialty Asset Management group said it expects strong performance from the asset class and that it is a market poised for long-term growth.
“When you factor in long-term market trends – population growth, economic development in emerging markets and the correlating demands on energy, food and housing – we see a strong growth opportunity emerging for non-financial assets,” said Dennis Moon, national executive of U.S. Trust’s Specialty Asset Management group that manage separate accounts for high net worth investors in real assets.
“Furthermore, the factors that drive the value of these assets are unique and independent of the volatile forces often at play in the broader market, making these investments highly attractive and an important consideration in the construction of a balanced portfolio.”
In its outlook for 2014, U.S. Trust takes an in-depth look at the opportunities for five key non-financial asset categories:
“Non-financial assets can be an effective diversifier to a portfolio of financial assets, and we’re seeing this asset class become an increasing focus for many of our clients, both individual and institutional investors with access to the amount of capital needed for direct investments1,” added Moon. “By their nature, these are unique investments, and the assets themselves need to be managed to maximize the value of the deal and the investment’s income-producing potential.”
The Specialty Asset Management team at U.S. Trust offers strategic insight and specialized experience required to manage and maximize the potential of these investments. Led by Dennis Moon, the executive team includes:
A copy of U.S. Trust’s 2014 Outlook on non-financial assets is available at www.ustrust.com/sam along with additional whitepapers from the specialty asset management group at U.S. Trust.
1Note: Oil, gas and mineral interests are not available for direct investment through U.S. Trust.
U.S. Trust, Bank of America Private Wealth Management is a leading private wealth management organization providing vast resources and customized solutions to help meet clients' wealth structuring, investment management, banking and credit needs. Clients are served by teams of experienced advisors offering a range of financial services, including investment management, financial and succession planning, philanthropic and specialty asset management, family office services, custom credit solutions, financial administration and family trust stewardship.
U.S. Trust is part of the Global Wealth and Investment Management unit of Bank of America, N.A., which is a global leader in wealth management, private banking and retail brokerage. U.S. Trust employs more than 4,000 professionals and maintains 140 offices in 32 states.
As part of Bank of America, U.S. Trust can provide access to a broad range of banking solutions for individuals and businesses, and an extensive retail banking platform.
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Non-financial assets, such as closely-held businesses, real estate, oil, gas and mineral properties, and timber, farm and ranch land, are complex in nature and involve risks including total loss of value. Special risk considerations include natural events (for example, earthquakes or fires), complex tax considerations, and lack of liquidity. Nonfinancial assets are not suitable for all investors. Always consult with your independent attorney, tax advisor, investment manager, and insurance agent for final recommendations and before changing or implementing any financial, tax, or estate planning strategy.
Energy and natural resources stocks have been volatile. They may be affected by rising interest rates and inflation and can also be affected by factors such as natural events (for example, earthquakes or fires) and international politics.
Diversification does not ensure a profit or protect against loss in declining markets.
U.S. Trust operates through Bank of America, N.A., and other subsidiaries of Bank of America Corporation. Bank of America, N.A., Member FDIC.
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