Electrification is moving from a secular theme to a portfolio-building challenge. Over the next 25-30 years, transportation, supply chains, and power systems are likely to become increasingly electricity-intensive, putting pressure on generation, transmission, and critical-resource availability. The portfolio implication is straightforward: Investors concentrated in the companies creating incremental power demand may also want exposure to the infrastructure, energy and resources required to meet it.
Diversify with Real Assets
Access Commodities, Natural Resources, and Energy Infrastructure Through Strategies Built for Evolving Markets
Fund Spotlight
Crossing the Themes: Exploring the Commodities, Natural Resources, and Energy Infrastructure Investment Opportunity
In this episode of Crossing the Themes, Paul Baiocchi sits down with Richard Baker, Director of Research both of SS&C ALPS Advisors to explore how market resets can create opportunity. Hear why REITs have historically rebounded after interest rate-driven corrections and how active management can help uncover value across growth, income, and distressed real estate sectors.
View Standardized Performance and Portfolio Holdings:
AMLP | ENFR | CCNR | SDCI | REIT
Paul Baiocchi is a Registered Representative of ALPS Distributors, Inc. and ALPS Portfolio Solutions Distributor, Inc.
Richard Baker is a Registered Representative of ALPS Distributors, Inc.
Market Themes to Watch
As we enter the final quarter of 2026, the market is still refusing to give investors a simple playbook. At the start of the year, expectations centered on multiple rate cuts. Instead, investors have been forced to reassess the path of rates while an oil shock and geopolitical conflict have upended the outlook for energy. The lesson is not to stand pat. It is to build portfolios that can participate in long-term growth while broadening the sources of return and resilience beyond the exposures that have led the market in recent years.
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Electrification of Everything
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Real Assets
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Diversifiers
Real Assets
Real assets can give investors additional levers when inflation, geopolitics, and changing stock-bond relationships make traditional diversification less reliable. Rather than treat commodities, resource producers, infrastructure, and real estate as isolated trades, investors can consider them as complementary building blocks with distinct drivers of return. For portfolios dominated by financial assets, the practical question is whether a dedicated real-assets allocation can broaden diversification while adding exposure to the physical economy.
Diversifiers
Strong headline equity returns can mask meaningful changes beneath the surface. As leadership broadens across sectors, factors, and regions, investors have an opportunity to revisit portfolios built around US mega-cap concentration. Equal-sector weighting and developed ex-US dividend strategies can provide differentiated sources of return and help rebalance exposures that may have become concentrated after years of market leadership from a narrow group of stocks.