June 2013


June 30, 2013 | Permalink

Please click below for a list of recently formed public alternative funds (and key terms) for June 2013 with live links to the individual filings. 

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June 25, 2013 | Permalink

Morningstar, Inc. recently released the results of its annual alternative investments survey which shows that public alternative funds are gaining market share over hedge funds.  Public alternative funds saw inflows of $19.7 billion in 2012, while $7.6 billion flowed out of single-strategy hedge funds. Further, more than 45% of institutions reported that they used public alternative funds to access long-short strategies in 2012 (up from 38% in 2010), while only 26% reported using hedge funds to access long-short strategies in 2012 (down from 61% in 2010).  Morningstar’s full report can be found at:  http://corporate.morningstar.com/us/asp/subject.aspx?xmlfile=174.xml&filter=PR4966

 

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June 14, 2013 | Permalink
Please click below for a list of recently formed public alternative funds (and key terms) for May 2013 with live links to the individual filings. read more
June 13, 2013 | Permalink

Please click below for a list of recently formed public alternative funds (and key terms) for the six months ending April 30, 2013 with live links to the individual filings.

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June 12, 2013 | Permalink
FINRA issued an Investor Alert on public alternative funds yesterday, describing what they are and some considerations investors should bear in mind before investing: http://www.finra.org/Investors/ProtectYourself/InvestorAlerts/MutualFunds/P278033?utm_source=MM&utm_medium=email&utm_campaign=NewsRelease_061113_FINAL read more
June 5, 2013 | Permalink
The market for alternative mutual funds is expanding rapidly. In 2007, there were 155 distinct funds within Morningstar alternative categories holding $36.5 billion in assets under management. The number of distinct alternative funds jumped to 289 with $77.1 billion in assets under management as of the end of May 2012. The proliferation of products comes as industry observers predict boom years ahead for alternatives in the retail markets.

Citigroup is predicting that hedge fund retail assets will more than triple over the next four years, increasing from $305 billion at year-end 2012 to $940 billion.  Financial research firm Cerulli Associates Inc. estimates that alternative mutual fund assets will go from 2.8% of all mutual fund assets today to 9.7% in five years and 15.8% in 10 years. Consulting firm McKinsey & Co. forecasts that assets in U.S. retail alternative products will nearly double by the end of 2015, growing from 7% of all retail fund assets currently to 13%. 
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