This strategy resulted in rapid growth and a high concentration of risky assets.

Yet many colleges and universities that previously failed to move much money into the riskier assets are now trying to do so.

The difference between these two returns can be interpreted as a measure of the excess expected return on the risky asset.

Sometimes, a modest dose of a risky asset can make an entire portfolio less volatile.

This flight from risky assets has become particularly evident in currency markets.

Look beneath the surface, he said, and you'll find that riskier assets are not doing all that well.

The only way to get ahead would be to invest in risky assets like stocks, and hope for higher yields.

One reason why the two appear together is that in most cases risky assets are also less liquid.

Their financial statements assumed a 9 percent rate of return on investments, which were primarily in stocks and other risky assets.

For riskier assets such as third world and business loans, the capital reserves should be higher.