Risk analysis of illiquid investments

In the current low interest rate environment illiquid alternative investments have gained enormous importance in the asset allocation of institutional investors. Due to their special characteristics they present a major challenge for risk and portfolio analysis, though. Dr. Reinhold Hafner from finccam and Jan-Alexander Höffken from KGAL describe these challenges in the current issue of Absolut Report using the example of aircraft investments and outline possible solutions (see http://www.absolut-report.de/AR05-2019-5).