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Alternative investment managers are on fire this year — and they could just be getting started (KKR)





KKR stock price alternative investment managers

Equity markets have been red hot, but one area of Wall Street has been even hotter.

Shares of alternative investment managers — those who deal with assets outside of traditional equities, like real estate, hedge funds, and commodities — are up roughly 40% so far this year, over double the S&P 500‘s benchmark 13% return in the same period, according to data from Goldman Sachs.

“Our bottom-up free cash flow analysis shows the stocks’ earnings power is ~30% greater today than it was in 2014/15 (prior share peaks), while the downside risks have been significantly reduced,” analyst Alexander Blostein read more >>>

Source:: BusinessInsider.Com

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