Sat, Sep 22, 2018
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Allocators ponder disruption at NEPC's client conference

Wednesday, May 16, 2018

Bailey McCann, Opalesque New York:

Allocators are looking for new ways to invest in the future, but they're also starting to wonder if banking on markets alone is going to be enough.

At NEPC's client conference today in Boston, the theme was 'disruption'. We've come to think of disruption as a catchall term for new technology that's putting old industries out of business. But, at this and nearly every investor event I've been at so far this year, disruption has taken on additional meanings. Investors aren't just fretting over what technology is coming next, they're also looking at big changes in aging and demographics and wondering if their model can hold on.

The tenor of investment events has changed. For every breathless panel talking about a new strategy, there's another looking at a megatrend that effectively flattens any hope that your financial future might turn out ok after all. The people on the stage have changed too. Rockstar managers have been replaced by data scientists and longevity researchers. The data scientist is there to talk to you about new blockchain technology, quant strategies, or how AI can work in your portfolio. The longevity guy is basically there to remind you that you're going to live too long for these strategies to have any lasting effect on your portfolio or your wealth. The vibe is downright millennial.

Allocators are also reconsidering their models. With low-cost beta products ancho......................

To view our full article Click here

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing


  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. The incredible shrinking hedge fund, For hedge fund stars, being right in 2008 proved to be a curse[more]

    The incredible shrinking hedge fund From Bloomberg: You'd be forgiven for thinking the hedge fund industry might be starting to rebound. Industry assets are at a record $3.2 trillion this year, and a brand-new ?rm just brought in an unprecedented $8 billion. But the reality isn't so rosy.

  2. SWF: Saudi Arabia's sovereign wealth fund raises $11bn loan with 15 banks[more]

    From Reuters: Saudi Arabia's sovereign wealth has raised an $11 billion loan from a total of 15 banks, the Maaal financial news website reported on Tuesday, citing unnamed sources. A source with direct knowledge of the matter told Reuters last month that the Public Investment Fund (PIF) will p

  3. Hedge fund billionaire spells out America's worst nightmare, Sir Michael Hintze: Response to global financial crisis elevated populism[more]

    Hedge fund billionaire spells out America's worst nightmare From SMH: Billionaire hedge fund manager Ray Dalio effectively spelled out what doomsday looks like for the US on live television. The founder of Bridgewater Associates predicted the US economy is about two years from a downtur

  4. Lehman's carcass has handed huge profits to distressed funds[more]

    From Bloomberg: It was a bold move: buy at Lehman Brothers's darkest hour. But a decade after Lehman's collapse, a handful of hedge funds that bought up the bank's debt for pennies on the dollar have made even more money than seemed possible. More than $124.6 billion has flowed to Lehman credi

  5. 2008 Crisis Review: Kehoe: Hedge funds better off now than pre-crisis, Zombie hedge fund stakes haunt investors a decade after Lehman, Most of the 'big shorts,' who thrived during the financial crisis, have faltered since 2008, The financial crisis killed hedge-fund performance[more]

    Kehoe: Hedge funds better off now than pre-crisis From Bloomberg: Investors are in a better position today than prior to the financial crisis in terms of the liquidity that is available, according to Tom Kehoe, Global Head of Research at AIMA. Elaborating on a new report regarding he