The COVID pandemic has left many of us thinking of what the future may hold. Today, we find ourselves in yet another wave proving to be even more devastating than those prior. We’ve seen the devastating effects of this on our families and businesses and know that that these struggles are like none we have experienced before.
Alternatives can be described as assets or investment strategies other than bonds, traditional equities or cash instruments. Well-known alternatives include private equity, venture capital, private debt (non-bank loans), hedge funds, infrastructure and real estate (IOL, 2019). Ultimately, an alternative can be classified as any form of investment in non-traditional assets and/or using a non-traditional approach to investing (Moneyweb, 2021).