Alternative Investment Stocks Getting Killed This Year

Stocks of alternative investment firms, the ones that should theoretically be generating profits during a market decline, are a good investment, says a new equity research report.

Alternative investment firms significantly down

Publically traded alternative investment firms are down significantly on the year, falling farther than the S&P 500, a recent equity research note from RBC Capital Markets notes. Apollo Global Management LLC (NYSE:APO) is down 34 percent year to date, while big names such as Fortress Investment Group LLC (NYSE:FIG) is down over 30 percent and The Blackstone Group L.P. (NYSE:BX), perhaps among the “Tiffany” category of alt brands, is down 7 percent.

(Man Group, an algorithmic trader that has a track...