Wealth Advisors Trumpet High-Yielding Alternatives As Best Way To Weather Market Uncertainty

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“We’re about to go into the greatest liquidity suck of all time,” as pandemic liquidity evaporates, attendees at Shook Alternatives Summit were told.

Investors willing to risk cash in the face of rising interest rates and a weakening economy can take advantage of opportunities away from the stock and bond markets, money managers said at an alternative-investing conference in New York on Monday.

Along with the Blackstone COO, various wealth managers remained upbeat about the opportunities to be had in alternatives, with several identifying specific opportunities in areas like private credit, secondary private-equity funds and infrastructure. With banks pulling back on conventional credit, that means big opportunities for alternative lenders, who can earn solid returns on their investment. “Credit is going to be a very interesting area for a while,” predicted David Levi, head of Brookfield Oaktree Wealth Solutions & CEO of Brookfield Public Securities Group. He expects money managers to be allowed flexibility in their choice of investments.

With banks pulling back on lending and less competition from companies tapping the stock and bond markets for funding there are significant opportunities in private credit, infrastructure and real estate lending, Nuttall said.

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Wealth Advisors Trumpet High-Yielding Alternatives As Best Way To Weather Market Uncertainty“We’re about to go into the greatest liquidity suck of all time,” as pandemic liquidity evaporates, attendees at Shook Alternatives Summit were told.
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