In markets where value is hard to find in either stocks or bonds, we have searched for investment vehicles that do not correlate highly with these assets, but are compelling investments that are performing well on a standalone basis. Several months ago we found such an investment in Oppenheimer’s MLP Alpha Fund. The following blog discusses their unique value proposition. We hope you enjoy it! – SS
Many risk assets got off to a rocky start in 2014, but Master Limited Partnerships (MLPs) actually posted a positive return during January,1 which we didn’t find to be particularly newsworthy. Some of our clients disagreed, however. We’ve fielded questions on a variety of matters, such as on the resiliency of “midstream” MLPs or their growth potential in a low growth–and now, seemingly more uncertain–economic environment. In an effort to educate our clients, here are some answers to questions we’ve been getting.