A Hint of Spring in Liquid Alts' Recent Performance
The performance of liquid alternatives has shown some marginal improvement over the last three years.
The performance of liquid alternatives has shown some marginal improvement over the last three years.
Introduction
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.
Key Takeaways