Beware the Grey Lady.
The New York Times
recently took a look
at alt mutual funds, and found them intriguing, but too complex.
Here's what personal finance reporter Tara Siegel Bernard had to write on the subject:
The financial advisers I talked to urged extreme caution for the same reason many investors shun traditional actively managed mutual funds. Itís hard to distinguish the skilled money managers from the lucky ones. And even among the seemingly talented, few can sustain a stellar performance over the long haul.
Read all of her points in this articles.
Looks like you alts fundsters got some explaining to do.
Stay ahead of the news ... Sign up for our email alerts now