12.08.2011 - Cerulli: Investors flocking to alternative funds
Mutual funds that invest in alternative asset classes increased assets under management 60% in 2010, to $201 billion. Analysts at Cerulli Associates Inc., Boston, have published those figures in a report on the market for retail alternative products and strategies. The analysts looked at investment vehicles such as hedge funds, private equity funds and commodities as well mutual funds and exchanged-traded funds. Alternative-asset funds hold just 2.6% of total long-term mutual funds assets, but that share is up from 1.9% in 2009..............................................Full Article: Source
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