Wealth managers understand the value of diversification and a long-term investment strategy. However, if you solely recommend public equity and bond investments, you risk falling short of your clients’ expectations. Despite the new investment environment, in which equity markets have been on a strong bull-run for the past five months, advisors are staying with alternative assets.
Asset managers are increasingly introducing new investment vehicles targeting the wealth channel, including spot bitcoin ETFs, infrastructure interval funds, and private credit and private equity strategies.
Connect Money asked Andrew Krei, co-CIO of Barret Upton Capital Partners and Crescent Grove Advisors, why RIAs are focusing on alternative assets, which sectors make the most sense in the current market environment, and which sectors he is most bullish on over the next several years.
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