AISS Alternatives Relative Value Outlook 3Q 2026
A 12–24 month relative-value outlook across major alternative asset classes, produced by J.P. Morgan Asset Management’s Alternatives Investment Strategy & Solutions (AISS) team
Our approach
In today’s market environment, investors need to consider new, dynamic opportunities to meet their return objectives. When it comes to investing in alternatives, it’s vital to choose a manager with the dedicated investment capabilities required to deliver results across this challenging and diverse asset class.
Outcome-focused strategies
Our alternatives platform provides a spectrum of innovative investments that, when used correctly, may play a key role in generating new sources of return and portfolio diversification. Our solutions span real estate, real assets, private equity, private credit, hedge funds, and liquid alternatives.
Alternative investing insights
Perspectives informed by the insight and experience of our 800+ alternative investment professionals.
Designed to simplify the complex world of alternative investments to help you make more informed decisions across real estate, infrastructure, private markets and hedge funds.
A 12–24 month relative-value outlook across major alternative asset classes, produced by J.P. Morgan Asset Management’s Alternatives Investment Strategy & Solutions (AISS) team
Transportation underpins resilient global trade, with evolving shipping routes, rising demand, and tight vessel supply shaping opportunities and risks that affect you.
Regulatory shifts have pushed income opportunities into private credit, where resilient fundamentals and floating-rate yields may help diversify your portfolio.
Infrastructure can add stable income, diversification, and inflation protection through essential services and contract-linked pricing while benefiting from massive energy-transition demand.
As companies stay private longer, renewed deal activity and growing secondaries can expand access and liquidity for your portfolio.
High stock-bond correlation can weaken traditional portfolios, making alternatives a potential source of diversification, income, and growth while smart manager selection may matter most.
The 2026 Mid-Year: U.S. Commercial Real Estate outlook explores market conditions, sector themes, and portfolio considerations as rates, leasing and capital flows shift. See what could shape opportunities across CRE.
AI in private equity is becoming a core operating capability. See how portfolio companies use AI to improve workflows, decision-making and productivity—and why disciplined process matters most.
The Hedge Funds Quarterly Outlook shares the J.P. Morgan Alternative Asset Management team's views on markets, conviction across different strategies, and individual strategy outlooks.
AI is driving a structural reassessment of software credit risk in private credit portfolios.
Explore hybrid investing as public and private markets converge—access private-market alpha with public flexibility across a single capital continuum.
Thematic investing and hedge funds: An attractive way to capture market inefficiencies
Secondary markets and continuation vehicles are redefining private equity liquidity amid slower exits and longer holding periods. The trends shaping what comes next are already in motion—here's what you need to know.
Power is becoming a more important factor in industrial CRE as automation and advanced manufacturing increase electricity demand. This is reshaping tenant requirements and key property fundamentals.
Explore how healthcare's evolving landscape in 2026, with low valuations and a focus on performance, creates unique opportunities for growth equity strategies.
The secondary market is gaining momentum, supporting a positive outlook through 2026.
Over the past five years, U.S. commercial real estate (CRE) has been marked by volatility, how the next five years will look different than the last.
Recent trends in commercial real estate (CRE) reflect a significant market correction, changes in asset pricing, and evolving economic and policy factors.
Alternative Investments Outlook 2026 explores public-private convergence and private market growth for investors.
This piece explores how companies can access this capital through sale-leasebacks, the key considerations for businesses pursuing these transactions and what makes these opportunities attractive for investors.
Shifting college enrollment patterns in the U.S. are creating new challenges and opportunities for universities and investors, as key drivers influence the future of student housing and reshape the investment landscape.
Access hard-to-find private equity investments in the small and middle market. JPMorgan Private Markets Fund leverages creative capital solutions, secondaries and co-investments to help investors and managers achieve liquidity and growth.
We have witnessed the end of the “Alpha Winter” — a period marked by suppressed traditional sources of alpha — and the beginning of a new season of opportunity.
Three decades ago, we began a whirlwind journey.
Explore J.P. Morgan Asset Management on private equity small and middle-market buyouts and how lower multiples and less leverage can drive value creation.
An integrated top-down and bottom-up hedge fund allocation framework for institutional investors.
Learn about the Core Private Infrastructure Market Outlook in 2023 in regard to inflation protection and uncorrelated returns.
Here’s why
A diversified approach to transportation investing has the potential to offer resilience and help investors mitigate portfolio volatility.
Explore the positive outlook for the industrial sector in APAC markets, supported by projected long-term growth in consumption, wealth, and trade volumes.
See how core real estate may enhance portfolio performance in a low rate, low return environment with rising inflation expectations.