The Evolution Of Assets

Asset classes continue to dominate the majority of investment conversations – but how have these changed over time? And what will asset classes look like going forward? Partner and investment funds specialist, Jonathan Garcia from ISOLAS LLP, explores this topic.

An asset is 'a resource of economic value that can be controlled by a person, organisation or country'. While the paper definition hasn't changed, the ‘resource' that constitutes an asset has changed greatly.

Today, there are countless categories of asset classes. The ancient, such as gold; the historic, such as currency; the modern, such as classic cars; and the disrupters that are currently being rapidly adopted, such as cryptocurrencies.