Tue, 18 Nov 2014
We are developing a pool of potential candidates.
Hedge fund -replicating ETFs and mutual funds can provide investors with similar return characteristics at a much lower cost, says Index IQ's Adam Patti.
Volatility and changing demographics have target-date fund and defined-contribution plan managers considering alternatives as hedging tools against fixed-income rate risk, says Arden manager Henry Davis.
Although defaults are decreasing and fund inflows are increasing, bank loans carry significant credit risk and illiquidity compared with other fixed-income vehicles.
Passive equity funds, noncore bonds, alternatives, and many of the fund shops that sell them fared well last year, while core bonds, commodities, and gold suffered.
The U.S. gets an overall A in Morningstar's third Global Fund Investor Experience Report, but some things could be better for U.S. fundholders.
Investors continue to shift assets away from traditional commission-based approaches and into products with lower expenses.
May was the worst month in over a year for flows to U.S. equities, while many core bond funds are receiving inflows as rising-rate concerns abate.
Van Eck's David Schassler focuses on multialternative strategies for his clients and says any alternative allocation lower than 10% enters into 'why bother?' territory.
Introducing alternative beta, smart beta's not-too-distant cousin.
ETFs take aim.
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