Watch for These Hurdles When Investing in Alternatives
When buying into nontraditional assets, investors should monitor the risks of high correlations to equities, backward-looking data, and manager performance, says Vanguard's Fran Kinniry.
Christine Benz: Hi. I'm Christine Benz for Morningstar.com. Ever since the bear market, investor interest in alternatives has increased dramatically. On a recent visit to Vanguard headquarters, I sat down with Fran Kinniry, a principal in Vanguard's investment strategy group, to discuss some recent research on the asset class.
Fran, thank you so much for being here.