Morningstar: Alternative investments not derailed by recession
Nov 17th, 2009 | Filed under: Hedge Fund Industry Trends, Today's Post
Regular readers may remember Morningstar’s inaugural survey of advisors’ and institutional investors’ views on alternative investments last year (in partnership with Barron’s). Yesterday, the firm released the 2009 version – containing some interesting year-to-year comparisons.
As you may recall, we were struck last year by the fact that around half of all respondents felt that alternative investments weren’t just growing in importance, but that they were actually going to be more important than bread & butter staples such as equities and fixed income.
Despite the difficult year faced by many alternative asset classes, that conviction seems to be growing among advisors. As the chart below from the report illustrates, the proportion of advisors who believe alternatives will soon be as, more, or much more important than traditional investments jumped from 52% to 58% (click to enlarge): More…
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