03.08.2018 Morningstar says Liquid Alternatives have yet to prove themselves
Matthias Knab, Opalesque:

In a new research paper from Morningstar published today, Jason Kephart and Maciej Kowara put alternative funds to the test. Though still relatively new, few alternative mutual funds have conferred meaningful diversification benefits in recent years, and the last five years have been one of the worst periods for alternative strategies since 1983.

According to their

Article source: https://www.morningstar.com/content/dam/marketing/shared/pdfs/Research/Liquid_Alternatives_Have_Yet_to_Prove_They_Belong_in_Portfolios.pdf - Opalesque is not responsible for the content of external internet sites
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