Alternative investing to be taken off endangered species list
Jul 13th, 2008 | Filed under: Hedge Fund Industry Trends
Last week, while JP Morgan CEO Jamie Dimon was busy attacking short sellers, his firm released the latest edition of its annual institutional investor survey. Given recent events both inside and outside the hedge fund sector, it makes for a fascinating read. The summary results of the report, “Next Generation Alternative Investing” are available here with a quick and free registration.
Much as an animal is removed from the endangered species list when its numbers multiply, the report concludes that alternative investments may soon out-grow that moniker.
Says the summary:
“The survey confirms that these strategies—now established components of many institutional portfolios—are no longer alternative at all. In fact, alternatives now play an essential role in institutional portfolio strategies, and we expect across-the-board allocation increases despite recent market turmoil.”
Notably, this year’s survey included questions on portable alpha and 130/30 strategies (appropriately, we might add, discussed in the same breath).
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