Sat, Feb 23, 2019
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 Rockstar managers have been replaced by data scientists and longevity researchers.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. New Launches: Royal London launches new Greetham fund, Direct lending specialist unveils multi-manager credit fund, PeakSpan Capital announces final close for Fund II on $265m, Mubadala's venture capital unit to launch $400m European fund, Lazard offers Scandinavian bond fund[more]

    Royal London launches new Greetham fund From FT Adviser: Royal London's Multi Asset Strategies is the latest fund to be launched for Trevor Greetham and his eight-strong multi-asset team. It targets annualised total returns of cash, defined as the Sterling Overnight Index Average, p

  2. New Launches: AI venture capital firm InReach Ventures launches new $60m fund[more]

    From Telegraph: InReach Ventures, a venture capital firm using artificial intelligence to spot the most promising early stage startups in Europe, has closed a new EUR53m ($60m) fund, as it said the Brexit process would be unlikely to decrease entrepreneurship in the EU. InReach Ventures said it

  3. Outlook: Why Paul Tudor Jones fears a 'revolution', A lot of 'negative surprises' will hit the markets in coming months, hedge-fund veteran Mark Yusko says[more]

    Why Paul Tudor Jones fears a 'revolution' From Institutional Investor: Billionaire hedge fund manager Paul Tudor Jones; Robert Shiller, the Yale University professor who is a co-winner of the Nobel Prize in economic sciences; and DoubleLine Capital's deputy chief investment officer Jeff

  4. Performance: This small Austin based hedge fund founded by a successful Polish entrepreneur is beating market by recognizing growing moats[more]

    From Value Walk: Lukasz Tomicki, the founder of Austin, TX-based LRT Capital, had a life-changing moment after he achieved a degree of success. This led him into the hedge fund business where his emerging strategy has outperformed the major stock and hedge fund indices, he told ValueWalk. How the fu

  5. Opalesque Exclusive: BDO Survey: 89% of GPs expect a downturn within the next two years[more]

    Bailey McCann, Opalesque New York: Private equity appears to be preparing for the worst. 89 percent of private equity fund managers expect a prolonged downturn sometime in the next two years, according to the findings of a newly released survey from BDO. The trade war was cited as a top conce