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 |
|
Monday, October 14, 2013 More Mutual Funds Are Going to the Hedge Here's another example of mutual funds flirting with the wild side. The Wall Street Journal reports that firms have launched 19 mutual funds that invest in a variety of hedge funds, or hedge-like strategies, according to data from Morningstar. In order to gauge the size of this boom, WSJ's Liz Moyer also included this interesting tidbit related to flows: data from Strategic Insight shows that through August 31, AUM at these products, dubbed multi-alternative funds, have jumped to $22 billion, compared to $4.7 billion five years ago. Funds examined in the article include the IQ Alpha Hedge Strategy Fund, Vanguard Total Bond Market, Blackstone Alternative Multi-Manager Fund, and the Arden Alternative Strategies Fund. The SPDR S&P 500 was also noted as a comparison. Printed from: MFWire.com/story.asp?s=46401 Copyright 2013, InvestmentWires, Inc. All Rights Reserved |