Mark W. Yusko, Chief Investment Officer of the Hatteras Multi-Strategy Funds, discusses one of the biggest challenges facing investors today - the uncertainty regarding whether a traditional portfolio of stocks, bonds and cash can deliver the level of real returns that investors have come to expect and need to meet their growth goals. Many people in the industry believe it is simply a matter of adding a few alternative investments to the portfolio and the shortfall risk will disappear. However, we believe that success in the next decade will require a much more profound change in investment strategy and that "alternative thinking" not simply alternative investments, will be necessary to meet investors' objectives in the 2000's and beyond. Powerful, global forces are rendering the traditional portfolio obsolete and investors need to act decisively today in order to preserve and grow their capital going forward. Join us for some provocative discussion on how to "unlearn what you have learned" and get ready for the challenges to come.
The commentary represents the opinion of Mark Yusko as of October 18, 2010 and is subject to change based on market and other conditions.
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