Why Your ‘Private Markets’ Strategy Is Really Just One Big Equities Play

Investors struggle with diversification, and it’s logical to wonder why it’s such a difficult goal to achieve. The hard truth, however, is that investment decision makers are compelled to chase short-term performance because it’s the measuring stick for how they themselves are judged. In recent years, that has led to investors piling into alternatives – to the point that from one perspective, alts are akin to very expensive beta. READ MORE