A low-return environment has stifled these pricey funds, and investors would've been better served by a low-fee bond ETF, says Morningstar’s Jason Kephart.
Multistrategy funds of hedge funds have offered retail investors little for their high fees.
Bronze-rated Vanguard US Value's strategy of making small bets based on a five-factor screen has led to benchmark-beating returns over the long term.
In today's uncertain fixed-income and equity markets, a fund that offers noncorrelated exposure can add value to investors' portfolios, says Vanguard's John Ameriks.
January's stock market swoon puts a spotlight on liquid alternatives.
With an impressive pedigree and relative performance in 2015, newcomer Blackstone Alternative Multi-Strategy is one to watch.
Market-neutral funds could be good diversifiers, but most are hindered by high expense ratios.
Bronze-rated John Hancock Global Absolute Return Strategies is super diversified and doesn't rely too heavily on markets going up, which has led to smooth risk-adjusted returns.
This simple trick can help you halve some alternative fund fees.
Bronze-rated BlackRock Global Long/Short Equity has met with success using both traditional factor analysis and big data to predict companies' future returns.
Multistrategy alternative managers weigh in on the pros and cons of using mutual funds to access hedge fund-like returns.
Running global macro strategies, Bronze-rated UBS Dynamic Alpha and MFS Global Alternative Strategies have benefited from currency and equity market volatility.
Investors have swiftly rushed into managed-futures funds this year, but the category isn't out of the woods yet.
Silver-rated AQR Managed Futures has performed well for investors over time and, unlike many of its peers, its fees are as advertised.
Bronze-rated John Hancock Alternative Asset Allocation could be a good choice for investors who want alternative exposure but aren't comfortable picking strategies on their own.
Vanguard Market Neutral has more than low costs going for it.
Alternatives have defied the trend of making low costs king.
More alternative asset managers are considering funds of hedge funds, but investors should keep in mind these portfolios' short track records.
Janus, DoubleLine, and Goldman Sachs are among the latest to try their hand at strategies that aim to defy rising interest rates.