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Alternatives

Alternatives in an Age of Fragmentation

What Wilshire’s 2026 Alternatives Outlook Is Really Saying

Feb 16, 2026
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Wilshire Advisors’ 2026 alternatives outlook delivers an uncomfortable message: the framework that guided investors through the last decade is no longer fit for purpose. Four forces; artificial intelligence, geopolitics, macro uncertainty, and the energy transition, are redirecting capital and rewriting the sources of return. Approaching alternatives with a 2019 mindset is a reliable way to miss what is coming next.

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