MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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|
MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Tuesday, June 25, 2013 Advisors Are "Piling On" Alternative Funds Advisors seeking good yield and diversification after a bleak bond market outlook are turning to alternative funds, Barrons writes. Advisors are increasing exposure to hedge fund-like mutual funds. Funds such as Mainstay[profile] Marketfield and Pimco[profile] Unconstrained Bond are appealing to advisors, whom, combined with institutions purchased a net $19.1 billion in alternative mutual funds: "Advisors are just piling into these funds," says Nadia Papagiannis, Morningstar's alternative-funds research director, in the Barron's article. To read the full story, click here . Printed from: MFWire.com/story.asp?s=44485 Copyright 2013, InvestmentWires, Inc. All Rights Reserved |