Viewing assets over long time horizons makes what short-term investors classify as beta look more like alpha.
Assets grew by more than $10 billion in the last two years, with the bulk committed to private debt, found the Global Impacting Investing Network.
Closing funding gaps will require fewer liquid investments and more private assets, according to Cambridge Associates.
Asset owners surveyed by Fidelity reported strong chances of excess return despite market uncertainty.
Fund closings have been double fund launches for the past two years.
Low rates have insurance companies turning to riskier assets, while alternatives offer protection from a surprise rate hike, according to Cerulli.
Poor deal making conditions could dampen return opportunities for early entrants into emerging markets, research shows.
Environmental, social, and governance factors can have a significant positive impact on emerging markets portfolios, says Cambridge Associates.
“Illusory” risk-return profiles and a lack of quality supply seriously detracts from the attractiveness of the asset class, argues Deutsche Bank.
Forecasts for several mainstream portfolios reveal dismal odds of earning a 5% real return over the next 10 years.