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The role of alternative assets in the financial sector deserves special attention, given their influence on systemically important institutions.
The rise of alternative assets created pressure throughout the investment management world to retain talent and to produce alpha, as these funds promised to do.
Similarly, the heavy use of alternative assets and funds of funds allows pension fund and endowment managers to point the finger at others when returns are poor.
Third, the surge in income inequality that troubles many people today can be traced to windfalls for managers and investors and the rise of alternative assets.
We have seen enormous growth in both the size and importance of alternative assets to our business and an ever increasing convergence in the investor base for these assets.
Stock instruments for managers, high-powered incentive contracts for investors, and the rise of alternative assets have dramatically altered the nature and level of incentives and rewards in our society, on both sides of the capital market.
Similar(37)
Shares of alternative asset managers have been hurt by the yearlong strain on credit markets.
Since then, Lau has managed his family office investing in a variety of alternative asset products.
Most buy-out firms now prefer the fluffy title of "alternative asset manager".
So like many others, we have embraced the title of "alternative asset manager".
But in the money business, that's easier said than done, especially when considering the growing number of alternative asset managers that are publicly traded.
More suggestions(15)
of remaining assets
of natural assets
of other assets
of alternative enterprises
of alternative thinking
of alternative solutions
of alternative accommodations
of alternative clinics
of intangible assets
of alternative transcripts
of alternative Dylans
of alternative views
of alternative histories
of alternative sides
of alternative jobs
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