After a year of mostly steady growth, traditional asset managers have seen organic growth slow or even decline in December with no clear bounce back so far in January and equity flows becoming mixed, meaning that alternatives may have a better upside for the beginning of 2014. Asset managers may be vulnerable to a correction “Asset Managers enjoyed a significant re-rating over the last six to twelve months on the hopes of rising organic growth prospects and mix shift toward equities,” writes Citi analyst William R. Katz. “We believe such bullishness may begin to break down – and Traditionals may…