Opalesque Industry Update - Catalyst Funds, an alternative-focused mutual fund company, today announced that the company has surpassed $1 billion in assets under management (AUM). This represents a 100% growth in assets since the beginning of the year. “We are thrilled at the interest we have received in our products that has propelled our assets to $1 billion,” commented Jerry Szilagyi, CEO of Catalyst Funds. “We reached this milestone by offering distinctive products that enhance portfolios for investors. We are committed to this tradition as Catalyst continues to grow.” Catalyst offers a range of strategies and liquid alternative products to the retail market. The company currently offers 17 distinctive funds, including the Catalyst Insider Buying Fund (INSAX) and Catalyst Hedged Future Strategies Fund (HFXAX), which is one of two hedge funds that Catalyst converted into a mutual fund product. Press Release
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