Alternative Asset Funds: Must-Have Or Most Hyped?

Like every consumer industry, investment tastes change to reflect the times. The utilitarian 60/40 portfolio is now deemed passé and poorly suited for these tumultuous times. Alts (a.k.a. ‘alternative investment strategies’) are roaring down the product pipeline. Once the exclusive domain of institutional investors, family offices, and high-net-worth individuals, these often pricey and opaque strategies, such as private equity, private credit, and venture capital, are now...