How is homeowners’ insurance impacting the macro data?
The average homeowners’ insurance policy cost roughly $1,900 in 2023, up over 20% from the previous year and nearly 50% from before the pandemic.
Guide to Alternatives
Get insights on macro topics such as manager dispersion, while also diving into real estate, private credit, private equity and hedge funds and more.
The average homeowners’ insurance policy cost roughly $1,900 in 2023, up over 20% from the previous year and nearly 50% from before the pandemic.
For three years, stock and bond returns have been moving in the same direction. When times are good, this is not thought of as a problem; however, when stocks sell off and bonds are not there to catch them, then investors are faced with an important portfolio construction challenge to solve.
An integrated top-down and bottom-up hedge fund allocation framework for institutional investors.
To understand these shifting dynamics and determine how to embrace this growing asset class, investors should consider: What’s driving the growth of private credit and the decline in high yield and, if private credit deserves a strategic allocation in a broader credit portfolio?
Following the pandemic, median home prices surged by double digits until peaking at the end of 2022. While prices are down roughly 12% since then, home affordability still sits at multi-decade lows.
Private equity has been surprisingly resilient throughout the Fed hiking cycle. In 2022, PE only declined by 2%, but is now 3.2% higher than the end of 2021, compared to U.S. small cap stocks, which were 7% lower.
The release of Open AI’s ChatGPT to the public in November 2022 has changed the trajectory of AI’s adoption.
Well-positioned investors could take advantage of the new era unfolding in healthcare transformation.
After a significant pricing reset, private real estate could be on the verge of a rebound due to a few key drivers.
Core Transportation investing generates steady and resilient returns through economic and geopolitical disruption.
An overview of infrastructure investments, what they are and why a client may want to consider an investment in a private infrastructure fund.
CEOs, CIOs and strategists from J.P. Morgan’s $200+ billion Global Alternatives platform provided a 12- to 18-month perspective on the trends influencing markets.
Secondary transactions and co-investments are creating more potential to diversify alternatives portfolios.
The macro landscape has shifted dramatically over the last three years, and in 2024 uncertainty lingers as to whether the economy will experience resilience or recession.
While many of the traditional sources of diversification have been challenged by market conditions, alternative investments can enhance diversification.
Despite the current market turmoil, there is an opportunity to purchase high-quality assets at temporarily reduced pricing. However, the timing of the move back to lower real estate yields is difficult to forecast.
The secondary market can often relieve liquidity issues for investors in private equity by offering the opportunity to sell existing investments to another buyer.
Private equity markets have historically been only available to institutional and high-net-worth investors, but are now accessible through 40-Act tender funds.
Private equity can play a critical role in diversified portfolios, enhancing returns and reducing volatility.
2023 has seen more office conversion activity – while sometimes this can be easier said than done, it does suggest that there is an evolving opportunity in the office space for investors who can deploy additional capital.
We see a significant market for highly effective weight loss drugs that appear destined to transform the medical treatment of obesity.
It would not be surprising to see a more notable re-rating in valuations later this year or in early 2024; this, in turn, will create opportunity for both primary and secondary market investors.
The industries most impacted by social distancing account for 20% of payroll employment, and consumer spending across those industries account for 20% of GDP.