FYI: In 2018, we introduced a more robust approach to evaluating alternative funds' performance that considers diversification benefits they might confer to a traditional portfolio. In this article, we’ve updated the results of our previous study as of March 31, 2019, and included more granular results using Morningstar’s institutional categories, which include sub-strategies within the multialternative and market neutral Morningstar Categories. Event-driven funds, a sub-strategy within market neutral, have done particularly well over the trailing three years.
Regards,
Ted
https://www.morningstar.com/articles/932022/a-hint-of-spring-in-liquid-alts-recent-performance.html
