Click to login and read the full article.
Don’t have access? Click here to request a demo
Alternatively, Call a member of the team to discuss membership options
US and Overseas: +1 646-931-9045
UK: 0207 139 1600
Abstract
Private assets, such as private equity, venture capital, and real estate, have long been a thorn in the side of asset allocators and chief investment officers. Their lack of liquidity makes it hard to analyze their return stream and to construct a performance attribution. The illiquid nature of these assets often leads to misspecification and estimation of the systematic risk embedded in their returns and the true amount of alpha generated by these managers.
- © 2017 Pageant Media Ltd
Don’t have access? Click here to request a demo
Alternatively, Call a member of the team to discuss membership options
US and Overseas: +1 646-931-9045
UK: 0207 139 1600