Some 86% now invest in alternatives, says Nuveen survey.
Pension funds and other institutions are considering investing in problem properties via KKR, Apollo, Blackstone, and other Wall Street players. The goal: turnarounds.
A surging China elbows others, the deficit-burdened US struggles, and Brexit is in the pits.
A suffering economy, a generous Washington, the homebound blues—all have played a role in scrambling the field over the past 12 months.