Alternative Investments as Portfolio Diversifiers

Alternative investments, notably hedge funds and private equity funds have become an important component of the investment portfolios of institutional and retail investors.  This growth has been fueled by the supposed ability of these funds to diversify traditional investments (stocks and bonds) and provide downside protection during crisis situations. Ezra Zask Research Associates has provided research and advisory services  in the four components of investment management -- portfolio construction, asset allocation, security selection and risk management.

 Project Example: Liquid Alternative Investments

Over the past several years, liquid alternative investment ETFs have attempted to replicate the performance of hedge funds, CTAs and private equities using liquid indices and securities.  

EZRA conducted an extensive analysis of the structure of the liquid alternative investment industry, identified the strategy of each liquid alt, compared its performance to those of traditional alternative investments and analyzed their potential role in an investment portfolio.