Alternative Allocations: Alternative manager research—building a robust platform with guest Paul Jodice, Morgan Stanley

Morgan Stanley’s Global Investment Manager Analysis team sees advisors turning to alternatives to navigate volatility, persistent inflation, and the limits of traditional 60/40 portfolios. In the conversation with Paul Jodice, he emphasized that advisors are seeking incremental alpha, differentiated yield, and better diversification from alternative strategies.

Education remains a key catalyst for adoption, ranging from basic asset-class concepts to advanced portfolio construction and supported by close collaboration with alternative managers. Model portfolios and evergreen structures are emerging as practical tools for advisors who want access to institutional-quality allocations without managing every detail themselves.

Looking ahead, themes such as infrastructure tied to rising power demand from AI and secondary markets as liquidity providers in illiquid segments stand out as areas of growing opportunity and focus.