The Alternatives Landscape, Fall 2020

The first half of 2020 was marked by a return of volatility to the global capital markets as the fallout from the COVID-19 pandemic rippled across the globe. The market rallied during the second quarter under an aggressive central bank policy, coupled with optimism that economic indicators had bottomed. Turning to the fall period, the landscape for the primary alternative asset classes starts with a hedge fund update and ends with how COVID-19 has dramatically changed outcomes for commercial real estate.