Market
Shall We Repeal the Laws of Economics – Part III
The Road Ahead
Today’s Headwinds May Shape Tomorrow’s Opportunities
Where Today’s Headwinds Could Become Tailwinds
Wondering where the next opportunities may emerge? Explore our latest market outlook and discover how today’s market dynamics may contribute to future investment themes across real estate, infrastructure, private equity and private credit.
The Alts Quarterly
Nicole Pecoraro, Senior Vice President for The Alts Institute shares her view on the potential tailwinds ahead.
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Changing Markets Are Raising New Portfolio Questions
Markets are evolving, and so are investors’ questions. The Portfolio Lens explores pressing investor concerns, helping clients cut through market noise and identify opportunities.
The Alts Institute kicks off the series with perspectives on the issues shaping today’s investor conversations.
Geopolitics
Amid shifting global dynamics, investors may question whether their portfolios can withstand ongoing uncertainty. Although many investors say geopolitical events make them hesitant to make significant changes, in today’s environment, inaction can also feel risky.
Liquidity
Evolving market conditions have brought liquidity considerations to the forefront, with investors increasingly focused on access to capital across different market environments. While these concerns are valid—particularly for vehicles with limited liquidity—we believe they should be viewed in the context of the asset class’s structure and objectives. Periods of market dislocation can create attractive opportunities in private markets, where long-term capital is often better positioned to take advantage of inefficiencies.
Inflation
Inflation remains top of mind for many investors. Rising costs have challenged assumptions around spending, retirement and long-term financial plans, leading investors to reassess whether their portfolios are positioned to not only preserve purchasing power, but also to support their long-term investing goals. While these concerns are understandable, they also highlight the broader range of investment opportunities, including private markets, that can help enhance diversification and build resilience against inflationary pressures.
Valuations
Although public and private investments are valued differently, both are influenced by many of the same factors, including company fundamentals, interest rates, and broader economic conditions. Each serves a distinct role within a portfolio, and the differences in valuation methodologies reflect the unique characteristics, opportunities, and considerations of each market. As a result, understanding a manager's valuation process is a critical component of evaluating private investment strategies.
The Alts Institute
See How Investors Are Putting Alternatives to Work
Brookfield’s Global Alts Implementation Survey uncovers how advisors, investors and gatekeepers are approaching alternative investments— and what those perspectives could mean for portfolio construction.
- Wealth Managers – 73% agree alternatives will be a meaningful driver to growing their book of business
- Fund Selectors – 62% agree that portfolio construction support is one of the most valuable resources an alternative partner can provide
- Female Investors – 59% of women say alternatives are essential to a successful portfolio strategy
The key to dealing with the future lies in knowing where you are, even if you can’t know precisely where you’re going.
Howard Marks
Co-Chairman & Co-Founder of Oaktree
Survey Methodolgy: Brookfield commissioned CoreData Research to conduct an online survey of 600 wealth managers with an average practice AUM of US$657 million and 60 fund selectors in the US, Canada, the U.K. and Switzerland responsible for evaluating alternative asset managers and products for firm platforms regionally and globally from February to April 2026.
The Alts Institute Alternative Investing Survey responses reflect the views of participants at the time of the survey and may not be representative of all investors. The results presented herein are not indicative of future outcomes or investment behavior. This material is provided for informational and educational purposes only.
Risks to consider: Investing in alternatives entails risk and may not be suitable for all investors. Alternative investments can be illiquid due to restrictions and the lack of a secondary trading market. Before investing in alternatives, investors should carefully consider their investment objectives, time horizon, tax sensitivity and risk appetite. There is no assurance that an alternative investment's objective will be achieved. Investors could lose all or a substantial amount of their investment. Investors and advisors should understand how each investment supports their overall goal and take a diversified approach when adding alternatives to a traditional portfolio.
