Articles & Insights
Investment Executive: Illiquidity has its risks  |  13 February 2019

Illiquidity has its risks

Private investment funds often are marketed as a cure-all to low interest rates and equities market volatility.

Private investment funds that invest in illiquid assets such as mortgages, corporate loans, real estate and private companies are growing in popularity. Low interest rates have dulled the appeal of investment-grade bonds, the traditional portfolio stabilizer, while nerve-racking volatility has left many investors disenchanted with stocks, the classic source of higher returns. Read more >