Given the current long-running bull market, with equities up over 15% annually and lower than historical levels of volatility, many advisors who allocated to alternative strategies post financial crisis have been frustrated. After many failed to deliver what people wanted in 2018, we’ve noticed advisors abandoning the space altogether. Given common behavioral biases, we certainly understand that sentiment, but on the other hand, we see larger institutions maintaining or in some cases even increasing their exposure. For example, a new report by Preqin, noted that 26% of institutional investors said they expect to commit more capital to hedged strategies in the next 12 months.

  • Top 5 Reads of the Week | 361 Capital Blog  

    Our favorite reads of the week and the quotes that make them worthy…

    How valid are those assumptions? Although people may well earn lower income in retirement than when they were working full time, they often don’t end up in a significantly lower tax bracket, says Joel Dickson, a tax and investment strategist at Vanguard Group.”

  • Rolodex image for Viewpoints  

    As alternative mutual funds proliferate, Morningstar faces a classification conundrum: How can single categories include funds with entirely different characteristics?

    The question has deep implications for advisors, who will have to look beyond star ratings or past performance and get a deeper sense of an alternative strategy’s inner workings before deciding whether it matches a client’s objectives.

  • 8 Books for Your Summer Reading List  

    Summer is here and that means many of us will be hitting the out of office button for a mid-year break. Whether you are heading to the beach or having a stay-cation, it’s a good time to do some summer reading. So, we asked our 361 team for some recommendations to add to your shopping cart.

  • The Quant Approach of Jeopardy Champ James Holzhauer  

    Recently, I was doing one of my favorite weekend activities, walking my dog and listening to podcasts (I like a simple life). A recent episode of an NPR podcast came on and it was a very charming piece about James (uncle Jamie) Holzhauer and his incredible Jeopardy! run. I was listening to this story unfold and was surprised when a few topics connected the story to the investment world—which I suppose I should have expected given the title of the podcast is “Planet Money”!