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

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

Rating:Mutual Fund Wraps are the Height of Hedge Fund Couture Not Rated 0.0 Email Routing List Email & Route  Print Print
Tuesday, August 27, 2013

Mutual Fund Wraps are the Height of Hedge Fund Couture

News summary by MFWire's editors

Strike a Pose.

The Blackstone Alternative Multi-Manager fund, now provided on Fidelity's [profile] Portfolio Advisory Services platform, has seen $1 billion, Kapadia writes, and retail investors put $54 billion into mutual funds using hedge fund equity strategies. Firms are hopping on the new demand, launching 25 new funds this year. Last year the number of launches totaled 55, Kapadia reports.

Hedge funds, however, are still reeling, with investors taking out $45 billion from equity and multi-asset hedge funds, as flows have been slow since the financial crisis, when investors took $750 billion out of those funds.

Not only have retail investors been putting money into alternative mutual funds, perceived as safer in a "mutual fund wrapper," but wealthier clients have begun putting more money into alternatives. Kapadia interviewed Philip Guziec, Morningstar's alternative investment strategist, who explained to her that the funds may attract HNW investors because the investments are more restricted, have more regulatory oversight and don't "lock up" their money. It doesn't hurt that the investments are cheap!

To read more, click here.  

Edited by: Casey Quinlan


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