After a year like 2022, when both stocks and bonds went down, it was pretty much a slam dunk that Wall Street would step up the marketing of alternative assets that might act differently — the next time around.
A new report from consulting firm Escalent says 70% of financial advisers now hold alternatives in their client portfolios, with an average allocation of 7%. Advisers expect this allocation to rise to 10% over the next two years.
Escalant…
This post was originally published on Market Watch
