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By: David Frank, CFA
CEO & Managing Partner at Stonehaven, LLC
Over Stonehaven’s 15 year history we have witnessed and played a role in many shifting dynamics across the alternative investment industry. We are well-positioned in the marketplace to see trends with a 26 person platform representing over 20 asset managers to the global investment community. Below we have summarized the top 16 trends we are actively discussing amongst our team, managers, and investors to adapt to the opportunities in our industry. We believe Stonehaven’s 2015 trends piece was relatively accurate in hindsight, and this year we expect the evolution of several longer term trends along with some significant new trends.
1) The ability of managers to predict and react to China’s impact on the global economy will be the biggest factor determining the winners and losers of 2016.
Last year we predicted that energy would be the most important investment theme of 2015, impacting pretty much every asset class. Energy will continue to be among the biggest trends of 2016, but we think the most important theme this year will be predicting the glide path of China.
China’s economic growth will primarily be determined based on the government’s ability to slowly guide down the yuan, address large inefficient state-owned companies sitting on mountains of debt that are increasingly difficult to service, prevent the unraveling of the property market by absorbing huge vacancies, and maintai...................... To view our full article Click here
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