FYI: Alternative asset classes are in something of a sweet spot. Not only do they offer the prospect of a diversifying source of return in an environment when bond yields are at historically low levels, but they also provide a new revenue source for active managers. In the current landscape, strategies where passive replication is problematic or impossible provide a particular allure for margin-pressured asset management firms. Whilst the attention being lavished upon this area is unsurprising there are certain aspects of discussions about such investments, which are troubling and often misleading.
Regards,
Ted
https://behaviouralinvestment.com/2019/10/29/stale-pricing-does-not-equal-low-risk-or-low-correlation/
