Building resilience: Selecting the right assets for an Alternatives portfolio

Apollo Global Management

Apollo Global Management

Volatility levels are rising and correlation among asset classes is making traditional portfolio diversification techniques less effective. In this white paper and on-demand class, we discuss how alternative investments can be used to help mitigate volatility, and how investors can make portfolios more resilient by focusing on factors such as cash-flow generation and valuation.

Key takeaways

  • Traditional portfolio diversification techniques are becoming less effective as correlations among asset classes heighten.
  • Persistent upside risks to inflation and downside risks to growth point to continued market volatility in the remainder of 2024 and beyond.
  • Amid market uncertainty, investors are turning to private assets to diversify portfolios and help manage volatility.
  • But not all alternatives are created equal. Investors can create resilience by targeting assets with certain inherent traits and exposure to specific investment factors.
  • We believe that focusing on cash-flow generating assets at attractive valuations can maximize the volatility-dampening effect of an alternatives portfolio and enhance long-term risk-adjusted potential returns.

Download the full paper or contact Fidante for more information on Apollo Global Management.



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This presentation is for educational purposes only and should not be treated as research. This presentation may not be distributed, transmitted or otherwise communicated to others, in whole or in part, without the express written consent of Apollo Global Management, Inc. (together with its subsidiaries, “Apollo”). The views and opinions expressed in this presentation are the views and opinions of the authors of the White Paper, speakers of the video and Apollo Analysts. They do not necessarily reflect the views and opinions of Apollo and are subject to change at any time without notice. Further, Apollo and its affiliates may have positions (long or short) or engage in securities transactions that are not consistent with the information and views expressed in this presentation. There can be no assurance that an investment strategy will be successful. Historic market trends are not reliable indicators of actual future market behavior or future performance of any particular investment which may differ materially, and should not be relied upon as such. Target allocations contained herein are subject to change. There is no assurance that the target allocations will be achieved, and actual allocations may be significantly different than that shown here. This presentation does not constitute an offer of any service or product of Apollo. It is not an invitation by or on behalf of Apollo to any person to buy or sell any security or to adopt any investment strategy, and shall not form the basis of, nor may it accompany nor form part of, any right or contract to buy or sell any security or to adopt any investment strategy. Nothing herein should be taken as investment advice or a recommendation to enter into any transaction. Hyperlinks to third-party websites in this presentation are provided for reader convenience only. There can be no assurance that any trends discussed herein will continue. Unless otherwise noted, information included herein is presented as of the dates indicated. This presentation is not complete and the information contained herein may change at any time without notice. Apollo does not have any responsibility to update the presentation to account for such changes. Apollo has not made any representation or warranty, expressed or implied, with respect to fairness, correctness, accuracy, reasonableness, or completeness of any of the information contained herein, and expressly disclaims any responsibility or liability therefore. The information contained herein is not intended to provide, and should not be relied upon for, accounting, legal or tax advice or investment recommendations. Investors should make an independent investigation of the information contained herein, including consulting their tax, legal, accounting or other advisors about such information. Apollo does not act for you and is not responsible for providing you with the protections afforded to its clients. Certain information contained herein may be “forward-looking” in nature. Due to various risks and uncertainties, actual events or results may differ materially from those reflected or contemplated in such forward-looking information. As such, undue reliance should not be placed on such information. Forward-looking statements may be identified by the use of terminology including, but not limited to, “may”, “will”, “should”, “expect”, “anticipate”, “target”, “project”, “estimate”, “intend”, “continue” or “believe” or the negatives thereof or other variations thereon or comparable terminology. The “Standard & Poor’s 500 (“S&P 500”) Index is a market-capitalization-weighted index of the 500 largest U.S. publicly traded companies by market value. The S&P 500 is a market value or market-capitalization-weighted index and one of the most common benchmarks for the broader U.S. equity markets. Additional information may be available upon request.

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Apollo Global Management
Apollo Global Management

Apollo is a high-growth, global alternative asset manager. In our asset management business, we seek to provide our clients excess return at every point along the risk-reward spectrum from investment grade to private equity with a focus on three...

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