Shedding light on alternatives
Classifying alternative investment strategies by objective can help to illuminate the benefits they offer to portfolio diversification.
Classifying alternative investment strategies by objective can help to illuminate the benefits they offer to portfolio diversification.
It appears that the effects of the major deleveraging event in 2008 — punctuated by the collapse of Lehman Brothers — has finally shifted into a second phase. For the past four years, fixed-income investors have been influenced primarily by fear of another Lehman-type event, and this has affected pricing in general. Now we believe