Will liquid alternatives take off like ETFs did? Goldman Sachs
] thinks so.
Brendan Conway of Barron's highlights
a note released Friday by Goldman strategists Marc Irizarry
, Stephen Jones
and Danielle Matsumoto
in which the trio "go so far as to compare liquid alts' promise to the fast-growing early days of exchange-traded funds." They predict that liquid alts could boom by 15-20 percent a year and pass $2 trillion.
Of course, Goldman is a giant alternatives asset manager.
, meanwhile, wonders if liquid alts stand a chance unless things go wrong in more traditional assets. And the Goldman strategists acknowledge that, if liquid alts' popularity exceeds their capacity, investors could get mad in a flash.
Neil Anderson, Managing Editor
Stay ahead of the news ... Sign up for our email alerts now