FYI: Traditional stock-and-bond portfolios performed well in 2014 as the S&P 500 Index rallied for a sixth straight year and interest rates defied expectations. Since alternative investments are designed to have low correlation to the broad stock and bond markets, it should come as no surprise that “alts” underperformed in 2014. What may be surprising is the fact that liquid alternatives significantly outperformed investible hedge funds employing the same strategies.
Regards,
Ted
http://dailyalts.com/liquid-alts-outperformed-hedge-fund-counterparts-2014/
