Financial services titan Morgan Stanley is revealing alternative trading opportunities outside of the technology sector.
In a new interview with CNBC Television, Kathleen Entwistle, Morgan Stanley’s private wealth managing director and advisor, says the bank is diversifying its clients’ portfolios by putting money in energy, gold, and infrastructure.
“Anyone that’s been participating in the market is very happy at this moment. The question is, whether you can continue to find opportunities or not. and we do think there are opportunities there. You just have to be mindful and just a little bit careful about where you’re going…
Where are the opportunities, let’s say outside of the tech trade? A client says we want to diversify. We don’t want to be all in on chips and meta and all that.
We’re putting clients in real assets right now. So we’re also looking at energy infrastructure, things like that, the digital space. So I do think that’s an area that we can look at.”
Entwistle goes on to further clarify what she meant by noting that the bank is putting clients’ funds into “real assets.”
“When we think about real assets, we’re thinking about some of the things inside the market, certainly outside the market as well. 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 kind of market that we’re in.”
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