Do Liquid Alts Justify Their Costs?
Wade D. Pfau
Liquid alts are complex and expensive, so it is natural for advisors to ask if they worth the time and trouble. In this article, I answer this question with clear definitions, comprehensive data and a robust framework for portfolio construction.
Martorana, Robert, "Do Liquid Alts Justify Their Costs?" (2015). In the News. 432.