A Mixed View for the Future of Alternatives?

Explore the latest thoughts on hedge funds, private equity, and more

Access to new, uncorrelated alpha opportunities is what any alternative investment is all about. Over the last few decades, the alternatives universe has expanded, and it has become crowded with money, diminishing the prospects for alpha. Where can allocators find this rarest of jewels among alternatives today?

Private Credit and the Transition to a Low Carbon Economy (MetLife IM)

Private credit issuers often disclose less sustainability data than public bond issuers. However, this is about to change.

Hedge Fund Strategy Perspectives for Q3 2024 (Man Group)

What does Q3 have in store for hedge fund strategies? This report provides timely answers to this burning question.

Insights and Market Trends into Digital Assets from H1 2024 (CME Group)

Over the past few years, digital assets have transitioned from a niche, exotic investment to an established asset class in their own right.

Co-Investments: The Great Private Equity Diversifier? (Natixis IM)

For compliance reasons, this paper is NOT accessible in the United States and Canada

Co-investments provide opportunities to gain faster and greater exposure to attractive assets, often at better terms than for other private equity investments.

Private Debt: Risks and Opportunities in Today's Markets (State Street)

Josh Lerner, Jacob H. Schiff Professor of Investment Banking at Harvard Business School, discusses the implications of the private debt in investor portfolios.

On the Performance of Systematic Trend-Following and Global Macro Strategies

When these strategies are integrated, they not only complement each other’s strengths but also demonstrate a remarkable synergy.

Venture Monitor Q2 2024 (Pitchbook/NVCA)

Overall, the direction of the VC market appears to give modest cause for optimism, and—in hindsight—to be relatively predictable.

Ten Common Mistakes Investors Make When Allocating to Hedge Funds

Finding allocators who held investments in hedge funds over the past two decades and express satisfaction with their results is not easy.

Cycles in Private Equity Markets (Capco)

This study looks at three decades of return data from listed private equity companies, focusing on the return averages and volatilities of two notable market indices.

Systematic Liquid Alternatives: A New Perspective On Alpha (Morgan Stanley IM)

Over the past several decades, the universe of alternatives experienced substantial growth, and evolved to encompass myriad asset classes, structures, and strategies.

Could Stablecoins Destabilize Other Markets? (Chicago Booth)

Stablecoins, a form of cryptocurrency, are pegged to the U.S. dollar and backed by assets such as U.S. Treasury securities and corporate bonds.

The Real Benefits of Private Credit (CAIA blog)

Investors continue to find private credit attractive, drawn to their higher returns and alleged diversification benefits.

Private Debt Diversifies into Infrastructure (White & Case)

Private infrastructure debt has grown considerably through a period of market disruption characterized by high inflation and elevated interest rates over the past 24 months.