Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.
"Diversifying into more-exotic asset classes comes with different price tags. We consider investment management fees relative to various asset classes’ diversification benefit. We show that the fees on diversifying as- set classes are astonishingly high relative to their diversification benefit."