The Meb Faber Show
Welcome to The Meb Faber Show, where the focus is on helping you grow and preserve your wealth. Join us as we discuss the craft of investing and uncover new and profitable ideas, all to help you grow wealthier and wiser. Better investing starts here.
Kim Flynn - Unlocking Alternative Investments | #585
Today’s guest is Kim Flynn, President of XA Investments, which helps provide access to alternative investments. She was previously the Head of Product Development for Nuveen Investments Global Structured Products Group. In today’s episode, Meb and Kim discuss the democratization of alternative investments in relation to the recent explosion of interval funds. Then, Kim covers the challenges and opportunities in the interval fund space, and the potential for innovation with different asset classes, and best practices for advisors and investors interested in these products.
Key Points
- The rise of interval funds has been notable, with more funds launched in the last five years than in the previous twenty-seven, providing a unique structure that allows for the inclusion of illiquid assets without the premium or discount issues of listed closed-end funds.
- The democratization of alternative investments is expanding rapidly, with new interval funds offering access to private credit, private equity, and other illiquid assets, making these strategies more accessible to individual investors and financial advisors.
- Advisers and investors need to be cautious about liquidity and understand the specific terms and structure of interval funds, ensuring they are aligned with their investment horizon and expectations to avoid future frustrations with redemption limitations.
Chapters
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| 0:34 | |
| 1:47 | |
| 8:41 | |
| 15:38 | |
| 20:19 | |
| 30:36 | |
| 32:49 | |
| 38:16 | |
| 46:46 | |
| 49:15 |
Transcript
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