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 |
|
Wednesday, August 28, 2013 INews Says Alts Need More Due Diligence Investors are loving alternative mutual funds and fund firms are feeding their appetite. But that doesn't mean investors and advisers should hop on the alt train without proper examination of their investments, InvestmentNews' Michael Shagrin writes. Industry insiders warned against viewing alternative investments as a "panacea" during InvestmentNews' webcast, "Why alternatives, why now." Jim Ball, a principal at Ball Financial Services, was quoted by Shagrin as saying that investors should "look at these strategies and watch them in a portfolio without any real capital to see how they behave." Zoe Brunson, director of investment strategies at Genworth Financial Wealth Management [profile] , was quoted as saying that investors should take a close look at managers. Shagrin quotes Brunson as saying, "Fundamental long-term managers have a culture. Long-short managers have a culture. You don't switch because it becomes fashionable overnight." To read more, click here. Printed from: MFWire.com/story.asp?s=45795 Copyright 2013, InvestmentWires, Inc. All Rights Reserved |