What has been your best performing alternative asset class?

David Coombs, head of multi-asset investments, Rathbones   Private equity Private equity has provided a stellar return in our growth strategies, with one fund up 25% year-to-date. Several investment trusts continue to trade on a discount to their net asset values (NAV), not having recove We are invested in the Pantheon and Electra trusts, both of which were bought on discounts of 30%-40%, mid-2011. Discounts have narrowed by over 20% this quarter, despite the NAVs being flat or slightly up. We believe this is not because risk appetite has increased necessarily, but perhaps inv...