Bloomberg Surveillance · Wednesday, September 23, 2026
Gargi Chaudhry discusses the need for diversification beyond traditional 60-40 portfolios, advocating for the inclusion of liquid alternatives. She notes that these strategies offer diversification without directionality and can provide market-neutral returns, citing the iShares ticker IALT as an example.
“What I would say is that you need different sorts of diversification in your portfolio, and you need to fund that from both the equity as well as the fixed income portion of your portfolio. So absolutely. We're telling investors, add things like liquid alts in your portfolio, which is giving you diversification without directionality.”
“Liquid alternatives. Again, having strategies that can be market neutral. So you're not going up in the same direction with the same beta as the broad index.”
“Gold is not. But the iShares sticker, I-A-L-T, I-ALT, as we love to call it, is a liquid alternative. Again, think of traditional hedge fund strategies available in an ETF wrapper, which is much more useful to everyone.”