Strategic asset allocation is a challenge in capital markets that are becoming increasingly integrated. In fact, gains from international diversification significantly declined over the past few decades because of an increase in the correlation of stock markets. Hence, investors are seeking alternative investment opportunities. The term ‘alternative’ refers to asset classes that are perceived to expand the investment opportunity set of investors, and hence allow for efficient portfolio diversification. Various alternative asset classes such as hedge funds, private equity, commodities, and real estate are all an integral part of today’s institutional investment portfolios.
For a long time, however, access to alternative asset classes was mainly reserved for large institutional investors, mainly due to the generally required high minimum investment requirements and long-term investment horizons required.
Listed Alternatives offer the advantage of a simple and effective access to alternative asset classes via regulated exchanges with daily liquidity. LPX AG is a leading research house in the field of Listed Alternatives and offers a wide range of services in the field of research, indexing and investment advisory with a dedicated focus on private equity and infrastructure.