Should You Own a Managed-Futures Fund?
Some of the luster has dulled from the once-booming liquid alts category.
The problems at Marketfield aren't a microcosm of the liquid alts industry at large.
Introducing the Morningstar Style Box for alternative funds.
Private equity was the original alternative investment, dating back to 1946 with J.H. Whitney and American Research and Development Corp. Private equity gained steam after the passage of the Small Business and Investment Act of 1958. The first investors in private equity were wealthy individuals.
When considering alternative investments, consider the investment eligibility of the client. Private offerings, such as hedge funds and private equity funds, require that investors be accredited (generally $1 million net worth exclusive of one's residence) and/or have qualified client status ...
Quarterly Alternatives Newsletter
Morningstar's quarterly Alternative Investments Observer brings you the latest in alternative investment research trends, facts, and figures. Accredited investors can access more hedge fund research in the accredited-investor version of the newsletter, available in Morningstar DirectTM.
In this issue of AIO, we dig deep into the substrategies and performance of the multialternative category in our Multialternative Landscape Result. In addition, we profile four relative newcomers across our managed-futures, long-short credit, and multialternative categories.
In this issue, we focus our attention on managed-futures funds, a category that has grown five-fold in the number of strategies available to investors since 2009. In our cover story, alternative strategies analyst Jason Kephart conducts a deep dive into Morningstar’s managed-futures category. In ...
In this issue, Stephen Ellis, director of financial services equity research, digs deep into the structure of alternative investment managers to show what drives their profits and growth. Also, alternative strategies analyst Josh Charney investigates how the correlations of alternative investments ...
In this issue of AIO, we take a look at how alternatives funds performed during the August 2015 downturn, review key insights from our annual alternatives survey, and check in on the progress alternatives have been making in target-date funds.
Alternative Investment Guidebooks
This handbook deconstructs the complicated world of market-neutral equity and arbitrage strategies. Equity market neutral funds match the characteristics of their long and short portfolios, keeping factors such as sector and style exposure similar, and relying on stock-picking to drive performance. ...
This handbook breaks down the various currency strategies, including passive versus active and directional versus non-directional. Learn why investors might want to diversify their currency exposure and how to go about doing it.
Employing the oldest hedge fund strategy in the book, this category's constituents take both long and short positions in equities and related derivatives with the intention of hedging against the downside. Learn about the different types of long-short equity strategies, their performance, and how ...
Funds in this category take long and short positions primarily in futures contracts based on trend-following or price-momentum strategies. This handbook explains everything that you need to know about managed futures strategies, which are now available in mutual funds and ETFs, and how they may ...