Alec Litowitz's Invest For Kids Chicago Presentation ~ market folly

Monday, November 6, 2017

Alec Litowitz's Invest For Kids Chicago Presentation

We're posting up notes from the Invest For Kids Chicago Conference 2017.  Next up is Alec Litowitz of Magnetar Capital.


Alec Litowitz's Invest For Kids Chicago Presentation

A new age of decomposition in investing is upon us.  "The long-only paradigm shift" - smart beta, ETFs, etc - is an accelerating trend.

Asset classes and asset allocation now factor investing.  Active is not dead, but active will continue to lose share and get to < 50% share.

A more complete alternative return framework - alternative risk premia 3.0.

Looking at monthly data from 602 significant, durable hedge funds: 50% alpha, beta 40.9%, smart beta 1%, alternate risk premia 7.6%.


For more from this event, check out the rest of the presentations from Invest For Kids Chicago 2017.


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