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Alternative Market Briefing

New book by Opalesque’s Sona Blessing explores the depths of 'alternative’ alternatives – the truly non-correlated markets

Friday, April 08, 2011

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Sona Blessing
From Kirsten Bischoff, Opalesque New York:

Recent Opalesque headlines contain numerous mentions of what may be described as "alternative" alternatives, many of which have gained the interest of investors in the post financial crisis world.

- Timberland can be used as a hedge against the very real threat of inflation (Source).

- Catastrophe bonds are expected to deliver strong risk return profiles post-Japan earthquake/tsunami (Source).

- A Persian manuscript sells for $12m (Source).

Investments outside of primary strategies, sometimes referred to as "alternative" alternatives, have long been looked to for providing investors with diversified returns that are non-correlated to the greater financial markets. In her new book "Alternative alternatives: Risk, Returns, and Investment Strategy", Sona Blessing hypothesizes that the non-correlation in these markets comes from the fact that the sources of risk (inefficiencies......................

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