Fred Hubler’s article looks at how investors should position alternative investments for 2026, a year he expects to bring slower growth, persistent inflation, and continued AI-driven opportunities.
He favors overweighting infrastructure, pointing to its durable income, inflation protection, and role in supporting AI growth through data centers, power generation, and grid modernization, with access available through private funds or hybrid public-private vehicles.
Hubler also favors private equity and venture capital, noting that companies are staying private longer and going public at a median age of about 14 years, so investors relying only on public markets may miss significant growth. He points to public mutual funds as a more accessible way in, without the lockups and high minimums of traditional private equity.
On real estate, Hubler argues for underweighting, since the recovery is likely to stay uneven and depend more on asset quality and location than broad market conditions.
In short: Hubler leans into infrastructure and private equity/venture capital for 2026, stays cautious on real estate, and advises working with a skilled advisor to match any alternative allocation to individual goals and risk tolerance.
Read Hubler’s full breakdown on Forbes: 2026 Alternative Playbook: What To Overweight, Underweight, And Why.