Quantcast
The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:Advisors Using Alts Plan to Hike Their Mutual Fund and ETF Usage Not Rated 0.0 Email Routing List Email & Route  Print Print
Wednesday, August 31, 2011

Advisors Using Alts Plan to Hike Their Mutual Fund and ETF Usage

Reported by Armie Margaret Lee

Fundsters who are pitching products with alternative strategies or are thinking of doing so would find data from Cogent Research of interest. As part of a broader study called Advisor Brandscape, the folks at Cogent polled advisors on their use of alternatives.

Among advisors who use alternatives in their client portfolios, eight percent said they commonly use mutual funds for exposure to alternatives, and 17 percent said they commonly use ETFs for that purpose.

Some advisors are planning to increase their ETF and mutual fund usage in the coming year. Twenty-eight percent of current alternative users said they plan to increase their usage of mutual funds to gain exposure to alternative asset classes and 41 percent said they plan to up their ETF usage.

"This signals an opportunity among traditional mutual fund companies and asset managers for addressing the needs of advisors," said John Meunier, principal and co-founder of Cambridge, Massachusetts-based Cogent, in an interview with The MFWire.com.

Meunier added that the data underscores a "desire on the part of advisors to provide greater portfolio diversification using products that are easy to use, easy to access and clients are comfortable with." 

Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE

0.0
 Do You Recommend This Story?



GO TO: MFWire
Return to Top
 News Archives
2024: Q2Q1
2023: Q4Q3Q2Q1
2022: Q4Q3Q2Q1
2021: Q4Q3Q2Q1
2020: Q4Q3Q2Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Raw XML
Add to My Yahoo!
follow us in feedly




©All rights reserved to InvestmentWires, Inc. 1997-2024
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use