Investment News – Liquid alternatives are gobbling up market share of alternatives distributed through wirehouses and have surpassed traditional alts such as hedge funds as the preferred alternative asset class among advisers and investors.
An increase in the share of liquid alts to 51% in 2013, from 38% in 2011, reflects a major shift in the composition of alternative assets distributed through wirehouses, according to a report released Tuesday by the Money Management Institute, a national association representing the $3.4 trillion managed investment industry.
