It’s been a bad year for alternate investments. Investors who have held these for the last seven to 10 years have got little or no returns on their investments. Whether it is real estate funds, credit-oriented funds or PE funds, most alternate investment funds (AIFs) have faltered. Looking back at the way these investments have played out, it is clear that investors got swayed by fancy brochures, back testing and eulogies of the fund manager, not to mention the “different" and exotic nature of the instrument which they believed would return them 15%-plus per annum, without really understanding the risks involved.
Nine big financial changes that you must watch out for in October
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