Institutional investors mostly want to direct their non-market-correlated strategies themselves, but acceptance of these retail-oriented alternatives is inching up.
And where the Grave Dancer is branching out into other things instead, juggling businesses like logistics, health care, and energy.
Investments in them could end up in Davy Jones’ locker if the ocean swallows the coastlines.
If the health hazards are resolved, look for a reverse exodus. That’ll benefit battered office REITs.