The Outlook for Alternative Investments
About This Episode
Managing volatility is a high priority for advisors. The right investments can stabilize a portfolio and dampen volatility, while keeping goals on track. Increasing bond allocations used to be the standard way to reduce volatility, but with bonds more correlated to equities, their diversification value has decreased. With high inflation, bonds also aren’t providing enough real income for many investors.
Demand for private credit has increased because of its low correlation to traditional equities and bonds, and enhanced income potential. As an asset class, private credit has a history of resiliency throughout economic downturns. That was true during the pandemic, and last year when these types of loans largely held up, in contrast to the bond market which had historically bad performance.
My guest today will discuss how advisors can reduce volatility, increase income and diversify equity and bond allocations through private credit and other alternatives.
About Our Guest
Michael A. Reisner serves as co-founder, co-president and co-chief executive officer of CION Investment Group, LLC, as well as co-president and co-chief executive officer of both CION Investment Corporation (CIC) and CION Ares Diversified Credit Fund (CADC). He also serves on the investment committee of CIC and Investment Allocation Committee of CADC.
Before co-founding CION in 2012, Mr. Reisner held positions of increasing responsibility at its predecessor company, including serving as co-chief executive officer from 2008 to 2012, chief financial officer from 2007 to 2008, executive vice president – originations from 2006 through 2007 and senior vice president and general counsel from 2004 through 2006. Earlier in his career, Mr. Reisner was an attorney in private practice in New York from 1996 to 2001. Mr. Reisner serves on the boards of both CIC and CADC and served on the board of the Institute for Portfolio Alternatives (IPA) from 2018 to 2021. Mr. Reisner received a J.D., cum laude, from New York Law School and a B.A. from the University of Vermont.
Here is a link to the CION website- https://www.cioninvestments.com/
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