Financial services firm Morgan Stanley unveils alternative trading opportunities outside the technology sector.
In a new interview Kathleen Entwistle, managing director and adviser to Morgan Stanley on CNBC Television, said the bank is diversifying its clients’ portfolios by putting money into energy, gold and infrastructure.
“Everyone who has participated in the market is very happy right now. The question is whether you can continue to find opportunities or not. And we think there are opportunities there. You just have to be observant and a little bit careful about where you go…
Where are the opportunities, let’s say outside of technology trading? A customer says we want to diversify. We don’t just want to be concerned with chips and meta and such.
We now place clients in real assets. So we’re also looking at the energy infrastructure and things like that, the digital space. So I think this is an area we can look at.”
Entwistle goes on to further clarify what she meant by noting that the bank puts customers’ money into “real assets.”
“When we think about real assets, we think about a number of things inside the market, certainly outside the market, but we like hedge funds.
We like, as you know, gold and silver and things like that. We like energy and different areas that will respond well in the type of market we are in.”
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