Timberland’s expanding investable universe

Timberland earns a position in many institutional investors’ portfolios because of its portfolio-level benefits – a lack of correlation with capital markets, ability to hedge inflation, and steady income return. For some investors, portfolio decarbonization is an increasingly important portfolio benefit that also comes from an allocation to timberland. In all cases, the benefits that timberland can bring to a portfolio depend critically on the scale of the allocation and investment selection – and these are decisions that can only be made with a clear understanding of the investable universe.