45 %
of liquid alt funds are under 3 years old.
We count approximately $ 280 billion
of liquid alt assets under management.
The success
of liquid alts has attracted a lot of new entrants.
Until next month, feel free to stop by DailyAlts.com for regular news and analysis
of the liquid alts market.
Speaking of Vanguard, it's making its second foray in the world
of liquid alts (after Vanguard Market Neutral) with Vanguard Alternative Strategies Fund seeks to generate returns that have low correlation with the returns of the stock and bond markets, and that are less volatile than the overall U.S. stock market.
Not exact matches
«The
liquid alts will continue to remain in play as part
of the marketplace.
Highland Capital Management also operates a
liquid alts exchange - traded fund: The Highland / iBoxx Senior Loan ETF (SNLN), which tracks the Markit iBoxx USD Liquid Leveraged Loan Index, itself a subset of the Markit iBoxx USD Leveraged Loan
liquid alts exchange - traded fund: The Highland / iBoxx Senior Loan ETF (SNLN), which tracks the Markit iBoxx USD
Liquid Leveraged Loan Index, itself a subset of the Markit iBoxx USD Leveraged Loan
Liquid Leveraged Loan Index, itself a subset
of the Markit iBoxx USD Leveraged Loan Index.
While increased liquidity and transparency are among the primary benefits driving interest in
liquid alternatives, the shift
of investor assets into
liquid alts may leave opportunities «further down the liquidity spectrum» for entities like BDCs.
You can learn more about these types
of hedge strategies in our prior blog, «Solidifying a Case for
Liquid Alts.»
You can learn more about the types
of hedge strategies referenced here in our prior blog, «Solidifying a Case for
Liquid Alts.»
First prize: The Food Lab: Better cooking through science by J. Kenji Lopez -
Alt (signed) The Language
of Food: A linguist reads the menu by Dan Jurafsky
Liquid Intelligence: The art and science
of the perfect cocktail by Dave Arnold
Because
of this — and to deter hot money — the firm sells its
liquid -
alt funds almost entirely through financial advisors.
The
liquid -
alt pitch is that individuals can access the same types
of investments as university endowments and other big institutions, to diversify equity - heavy portfolios, typically with a 10 % to 20 % allocation to
liquid alts... The advantage
of the [AQR Managed Futures] strategy -LSB-...] is that it is uncorrelated with other asset classes, and «has the most consistently strong performance in equity bear markets.»
Ideally, returns
of a
liquid -
alt fund should not only be uncorrelated with those
of both stocks and bonds but also significantly positive over a long evaluation period.
Event Driven has been one
of the stronger
liquid alt categories in recent years.
Liquid alts received a lot
of positive attention at the 2015 Morningstar Conference — and negative attention this year.
We identified a
liquid alt universe
of approximately 500 funds.
Even if the market as a whole has become efficient, there is a wide range
of returns among
liquid alt funds.
Despite the surge
of interest (or perhaps because
of it) results from
liquid alts have been rather disappointing.
Purveyors
of actively managed funds are either reluctantly jumping on the ETF bandwagon or seeking defensible safe - havens like fixed - income, smart beta, and
liquid alts.
O'Shea warns that one - third
of all households have zero familiarity with
liquid alts.
In the face
of poor performance and shrinking assets, they announced the closure
of their three
liquid alts funds in December.
When you look at the mutual fund industry — and they're often called
liquid alts, the hedge fund — like strategies that have started to appear in the mutual fund world — and, we do some
of these.