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Understanding Alternative Investments
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Pension plan sponsors, endowments and foundations as well as pension consultants have all warmed up to managed futures in a significant way over the past decade. This book clearly shows the merits of managed futures and how they can be used to further diversify a portfolio. The attractive long term risk adjusted (& non-correlated) returns are one important way institutions can generate much needed alpha in an era where much more horsepower is required beyond the traditional paradigm of stocks and bonds.
-David Lerman, Senior Director, Asset Managers, Products and Services, CME Group