We're posting up notes from the Invest For Kids Chicago Conference 2017. Next up is Alec Litowitz of Magnetar Capital.
Alec Litowitz's Invest For Kids Chicago Presentation
A new age of decomposition in investing is upon us. "The long-only paradigm shift" - smart beta, ETFs, etc - is an accelerating trend.
Asset classes and asset allocation now factor investing. Active is not dead, but active will continue to lose share and get to < 50% share.
A more complete alternative return framework - alternative risk premia 3.0.
Looking at monthly data from 602 significant, durable hedge funds: 50% alpha, beta 40.9%, smart beta 1%, alternate risk premia 7.6%.
For more from this event, check out the rest of the presentations from Invest For Kids Chicago 2017.
Monday, November 6, 2017
Alec Litowitz's Invest For Kids Chicago Presentation
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