Overview
Which alternatives actually belong in your clients' portfolios, and which ones don't?
Alternative investments are playing a broader role in portfolio construction. As access to private markets expands and client expectations evolve, wealth managers are rethinking how private equity, private credit, infrastructure, real assets, and other alternatives fit within long-term portfolio construction. But expanded access doesn't simplify the job: liquidity constraints, valuation complexity, due diligence rigor, and client suitability still demand careful judgment.
Kelly DePonte of Kelly DePonte Advisory LLC, Daniil Shapiro CFA, of Cerulli Associates, and Peter Hecht of AQR Capital Management share their perspectives on where opportunities may exist, how to evaluate the practical trade-offs, and how to construct portfolios designed for a more complex investment environment.
Timings:
11:00 AM ET | 4:00 PM BST
Key discussion points
- A shifting role for alternatives: Understand how the expansion of private markets and changing client expectations are redefining where alternatives sit in wealth portfolios.
- Asset class by asset class: Examine the distinct opportunities and challenges across private equity, private credit, infrastructure, and other alternative categories.
- The practical trade-offs: Work through the real constraints of incorporating alternatives into client portfolios: liquidity, due diligence, and suitability considerations.
- How practitioners are building portfolios today: See how practitioners are approaching portfolio construction as market dynamics continue to shift.
- A decade-long view: Assess where alternatives may fit within long-term client portfolios over the coming decade.
CFA Institute members can self-report 1 PL credit for attending.
Speakers
