Tech has been a terrific place to be for a while now, and still is. Traditionally, though, this area has been off-putting to those concerned about value, whether in the traditional academic sense that requires low ratios, or inthe theoretically sound sensethat requires investors to face the challenges of making necessary assumptions about future growth. This disconnect need not exist, however. Value investors can filter for emerging growth opportunities and look for appealing valuations within that particular subset of the market.
This year has brought a crisis that’s unlike anything the world has experienced before because it brought the world’s economy to a shuttering halt, but that doesn’t mean there haven’t been investment opportunities this year. Private equity, in particular, is turning out to be one of the big winners this year alongside technology, of course.
During CNBC’s Institutional Investor Delivering Alpha conference, H.E. Yasir Al-Rumayyan of Saudi Arabia’s sovereign wealth fund, Blackstone BX Chairman and CEO Stephen Schwarzman and Vista Equity Partners Chairman and CEO Robert Smith talked about strategies for achieving alpha with investments.