Investment Thoughts from the Road Series
Elkstone is Ireland’s go to firm for investors to build out their alternative’s portfolio.
Karl Rogers, Elkstone’s Chief Investment Officer, publishes quarterly articles through on Forbes through his “Thoughts from the Road series”. Use this series to increase your knowledge of alternative investments and to keep your finger on the pulse of trends and performance. He’ll be demystifying the world of alternative investments and providing insight from internal and external research, government, fund manager and fellow investor discussions as well as providing tips on why and how to incorporate alternative investments into your investment portfolio. As part of this series, each article will dive into a subcategory of one of the five following pillars: Private Equity, Private Credit, Real Assets, Uncorrelated Strategies & Public Alternatives.
Q1 2024 – Investment Thoughts from the Road: Trend Following
Welcome to the inaugural article from the “Investment Thoughts from the Road” series. In this piece, we define alternative investments and then dig a little deeper into trend following — part of what we call the public alternatives pillar. Trend following is part of our managed liquid alternatives portfolio.
Read within to see why there is a strong argument for a tactical increase in this strategy in the current macroeconomic environment.
Q2 2024 - Investment Thoughts From The Road: Venture Capital As An Asset Class
The latest article in this series will focus on venture capital. Venture sits within the “growth” pillar of my portfolio construction framework, as described in my inaugural piece.
Venture capital is a fundamental asset class empowering innovation, enabling the next generation of entrepreneurs to provide solutions for industry and customer pain points.
This piece will focus more on venture as an asset class and its characteristics versus direct venture investing. The data referenced within has come from either Hamilton Lane or PitchBook. This data does not fully cover the venture asset class and is therefore based on best estimates from the large sample sizes available to the stated data providers.
Q3 2024 - Investment Thoughts From The Road: Hedge Funds Require New Mental Models
The next article in this series focuses on hedge funds—stressing the need for new mental models across passive and active investments and the hedge fund industry itself.
Examples of passive investments include ETFs or other funds tracking the S&P 500, the Nasdaq 100 or U.S. investment-grade bonds. The major flaw in this widely adopted category is that all “passive” investments involve and require active decision making:
• If investing passively in the Nasdaq versus the S&P 500, you’re expressing a view to overweight technology.
• In bonds, active decisions are also required, such as decisions around the geography (U.S. only or global), credit risk (investment grade or high yield) and duration (short-end or long-end of the term structure), just to name a few.
For more insights, the full article is available on the Forbes website through the link below.
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Important Information
WARNING: This is a marketing communication and has been prepared for information purposes only. It is not intended as and does not constitute a personal recommendation. Please do not base any final investment decision on this communication alone.
Warning: The value of your investments may go down as well as up. You may get back less than you invest
