Market conditions are no longer as simple as they use to be. Consequently, investors are increasingly turning to alternative investments and exchange traded fund strategies as a way to diversify a portfolio in a dynamic marketplace.
Ahead of the upcoming Alts and Income Virtual Summit, financial advisors have evinced their desire for alternative income strategies.
In a survey with over 300 financial advisors, 95% of respondents showed concern for the current interest rate environment, and of those who are wary of interest rate risk, 56% are seeking alternative income strategies.
Over 80% also responded that they believe alternatives are an important part of asset allocation, and 50% are seeking research from product providers.
At the Alts and Income Virtual Summit, a live virtual conference that advisors can attend at the comfort of their office or home, attendees will hear from the keynote speaker, Nadia Papagiannis, Director of Alternative Investment Strategy for Global TPD at Goldman Sachs Asset Management, on ways to navigate the current alternatives landscape.
Additionally, advisors will glean specific alts strategies, such as fixed-income options on the panel “Walking the Yield curve in an Uncertain Rate Environment,” with ProShares’ Simeon Hyman, First Trust Portfolio’s William Housey and Altegris Research and Investments Group’s Jack L. Rivkin. Advisors can also sit in on “The Role of Currencies, Commodities and Other Hard Assets,” with DirexionFunds’ Ed Egilinsky, Deutsche Asset and Wealth Management’s Martin Kremenstein and First Trust Portfolio’s John Gambla.
Alternative investments are making in-roads with mass-market investors to diversify and expand on traditional equity and fixed-income investment portfolios. After the recent financial crisis, more investors are beginning to understand the need for assets that provide non-correlated returns to traditional investments.
Alternative assets are no longer limited to large institutional investors.
“From publicly traded private-equity firms to mutual funds and exchange-traded funds that employ hedge-fund strategies, nontraditional assets can now be had with minimal initial investments, immediate liquidity and management fees comparable to traditional mutual funds,” Klaas Baks, executive director of the center for alternative investments and an associate professor of finance at Emory University’s Goizueta Business School, said in a Wall Street Journal article.
Financial advisors interested in attending the annual alternatives virtual summit on on May 21st can register at Alternatives & Income Virtual Summit.