Author: - Page 7 - Chartered Alternative Investment Analyst Association

By Andreas Rothacher, CFA, CAIA, Head of Investment Research, Complementa AG & Thomas Breitenmoser, CFA, CAIA, Head of Investment-Consulting, Complementa AG Allocations, backdrop and historical development The assets under management in alternative assets such as private equity, infrastructure, and private debt have increased significantly over the past decade. This is reflected in institutional […]

June 20, 2025

One Big Beautiful Bill (“BBB”)

Risk Management

By William J. Kelly, CAIA, Founder & Managing Member, Educational Alpha LLC While clever headlining (at least IMHO!) has been a hallmark of this newsletter, some matters are just too important to be subjected to whimsical double entendres. For those who have chosen to get their daily dose of information about the BBB […]

June 17, 2025

Next is Here: What Has Investors Excited (And Quietly on Edge)

State of the Industry

By John L. Bowman, CFA, Chief Executive Officer, CAIA Association At the start of 2025, we invited our global Member community to help shape Vision 2035, CAIA’s long-term strategic direction. The response went far beyond expectations. The feedback was rich, thoughtful, and rooted in real-world experience—exactly what you’d hope for from a […]

June 16, 2025

Vision 2035: New York City Edition

Access to Alternatives

By Aaron Filbeck, CAIA, CFA, CFP®, CIPM, FDP, Managing Director of Global Content Strategy, CAIA Association& John Bowman, CFA, Chief Executive Officer, CAIA Association The fourth stop on our eight-city Vision 2035 global listening tour brought us to New York City, the epicenter of private capital. While each roundtable offers a unique lens […]

June 12, 2025

Alternative Medicine?

Access to Alternatives

By William J. Kelly, CAIA, Founder & Managing Member, Educational Alpha LLC What ails most investors is responsible and informed access to the garden-variety free lunch that comes with diversification. That often begins with the simple exercise of understanding the relative beta of the underlying (low correlation, good; high correlation, bad), and […]

June 9, 2025

The Evolution of Private Credit

Asset Allocation

By Tony Davidow, CIMA®, Senior Alternatives Investment Strategist, Franklin Templeton Institute & Priya Thakur, CFA, Analyst, Franklin Templeton Institute The private credit landscape has evolved significantly over the past few years, driven by various macroeconomic factors, a demand for flexible financing, and advancements in technology. Since the global financial crisis (GFC) in 2008, […]

June 3, 2025

Beyond the Divide: The Value Continuum

Asset Allocation

By Chase A. Kinnison Growth investors are often seen as pursuing high-valuation companies with untapped earnings potential, while value investors gravitate toward lower-valuation securities that are perceived as undervalued based on fundamentals. Despite their seemingly polarizing approaches, both styles share a common objective: identifying opportunities where the price paid is less than […]

May 27, 2025

A Bit Perplexed by Perplexity

Data Science & AI

By William J. Kelly, CAIA, Founder & Managing Member, Educational Alpha LLC The article headline is so much more than a tongue-twister, although I do dare you to try and say it three times, and fast! The Perplexity herein is a venture-backed startup circa Dec 2023, and their killer app is an […]

May 22, 2025

Time to Fire the Wizards

Risk Management

By Marko Papic, Chief Strategist, BCA Research & Author of Geopolitical Alpha Blaming geopolitics for one’s poor performance has become a rite of passage for many investors, both public and private. Just do a quick survey of the quarterly “LP letters” bemoaning poor performance or spend some time sitting in on a […]

May 19, 2025

The Evolution of Impact Investing: Aligning Financial Returns with Positive Change

ESG

Brigette Lumpkins, CAIA, Client Portfolio Manager, Westfuller All investments have impact. They may impact society, the economy, infrastructure, or the shape of an industry. Investors are increasingly focused on putting their financial assets to work for more than financial return. Over the past two decades, impact investing has evolved from a niche […]

Strategic Asset Allocation: Practical Considerations for Alternative Investments