APO - 2 Alternative Asset Managers Destined For Greatness: A Spotlight On Apollo Global And Oaktree Capital
There are certainly significant challenges facing most alternative asset managers. Outpacing the index is tough while competition is intense. Fund outflows may be critical if ever an alternative asset manager is underperforming, especially during a bear market. Hedge fund managers are experiencing tougher problems as well.
Goldman Sachs (NYSE: GS) noted that the year 2018 was the first time since the global financial crisis where both the fixed income and the stock markets are down on the year. Both equity and fixed income products underperformed the benchmark on average in 2018. Only 48% of equity