Alts Democratized / Wiley Finance Editions (ePub)

A Comprehensive Review of the Liquid Alts Market and How
'40 Act Products Can Enhance Client Portfolios

Liquid alternatives give investors access to hedge fund
strategies with the benefits of '40 Act products: lower fees,
higher liquidity, greater transparency, and improved tax
efficiency.

Alts Democratized is a hands-on guide that offers
financial advisors and individual investors the tools and analysis
to enhance client portfolios using alternative mutual funds and
ETFs. Well-grounded in research and replete with more than 100
exhibits of Lipper data, Alts Democratized profiles the top
ten funds in each of the eleven Lipper liquid alt classifications.
This includes total net assets, fund flows, risk and return
metrics, and the factor exposures that drive performance and help
explain correlations to various forms of beta. Jessica Lynn Rabe
and Robert J. Martorana, CFA, combine this research with a
comprehensive framework for fund selection and portfolio
construction to enhance the asset allocation process, facilitate
portfolio customization, and manage client expectations.

In addition, the book includes functional perspectives on issues
pertinent to financial advisors such as fees, client suitability,
and volatility management. This helps advisors apply the concepts
to portfolios and offer actionable investment advice. The authors
also interviewed executives at leading wealth management firms to
provide color on industry trends and best practices.

The companion website provides ancillary materials that
reinforce and supplement the book, including:

* The authors' top ten takeaways

* Classification cheat sheet

* Portfolio construction guide (full color)

* Talking points for clients

* Q&A on liquid alts

* Presentation with all 118 exhibits from the book (full
color)

Alts Democratized comprises a complete resource for the
advisor seeking new sources of alpha, diversification, and hedging
of tail risks.