Investing
JPMorgan Touts Hedge Funds, Real Estate Over Crypto for 2022
- Predicts alternative assets will outperform stocks and bonds
- Volatility makes digital assets less attractive, bank says
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Investors with cash to put to work should consider parking it in hedge funds and real estate as traditional assets like stocks and bonds will underperform next year, according to JPMorgan Chase & Co. strategists including Nikolaos Panigirtzoglou.
So-called alternative assets, which also include private debt, private equity and digital currencies, “should continue to outperform into 2022,” the strategists wrote. They predict the category will return 11% next year, double the 5% gain from the universe of stocks and fixed income. Crypto may advance, but the ride is likely to be too bumpy to recommend it as a core holding, they said.