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Alt investment returns falling as choices rise: CAIA

Abundant liquidity is causing alternative asset classes to lose their uniqueness and illiquidity premium, says William Kelly, CEO of the Chartered Alternative Investment Association.
Alt investment returns falling as choices rise: CAIA

The old saying that “diversification is the only free lunch when it comes to investing” is mostly alive but, like so many things in our world, its meaning has evolved rapidly in the last few decades.

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