Some of our Morningstar Medalist alternative funds have struggled so far this year, but we remain confident in their long-term prospects.
Last month was a standout for the category, but their current general positioning means they could be hit hard by a market correction.
We upgraded Lazard Global Listed Infrastructure's rating to Silver from Bronze owing to its solid process and experienced management team.
Low beta option funds' attractive track records and diversification benefits can obscure tail risks.
And a short primer on the strategy.
These are inhospitable markets for systematic trend-followers.
Investors seeking a smoother ride from the stock market, but leery of bonds as ballast, should consider Bronze-rated JP Morgan Hedged Equity.
A primer on one of the oldest alternative strategies.
Silver-rated Merger Fund's experienced team plies a proven, consistent approach to merger-arbitrage.