A co-sponsored event, presented by CFA Society New York, the Gabelli Center for Global Security Analysis, and the Museum of American Finance
Join us for a discussion with Kevin R. Mirabile, author of Exotic Alternative Investments: Standalone Characteristics, Unique Risks and Portfolio Effects (Anthem Press, 2021). In the book, Mirabile evaluates exotic alternative investment opportunities, such as life settlements, litigation funding, farmlands, royalties, weather derivatives, collectibles, and other unique asset classes, providing an in-depth analysis of the returns, risks, opportunities, and portfolio effects for anyone who wants to expand their investment horizons.
This book—written for individual investors, financial advisors, and academics who desire knowledge about investment products beyond just stocks and bonds or vanilla hedge funds, private equity, and real estate investments—provides a critical link to industry data and original research that supports the case for adding exotic alternative investments to traditional portfolios.
An excellent tool for practitioners wishing to understand the rationale and impact of allocating capital to these exotic and less-understood investment opportunities, the book includes an analysis of returns and risk from a wide range of direct investments in individual exotic asset classes, as well as from investing in public shares and exchange-traded funds. It also includes a section on how these exotic investments performed relative to both traditional and alternative investments, such as hedge funds, both before and after the spring 2020 market crash.