Mutual Funds Still Favorite Vehicle Of Choice For Alternatives

Alternative asset mutual funds continue to grow at a torrid pace, a new study from Morningstar and Barron’s magazine shows. Rise in organic growth Organic growth rates rose to “eye-popping levels,” with long-short equity strategies leading the way followed closely by multi-alternative strategies and non-traditional bond funds. “Mutual funds continue to grow as the vehicle of choice for accessing alternative strategies. 2013 marked the strongest asset flows into alternative funds and the largest number of fund launches on record,” Josh Charlson, director of manager research, alternative strategies, said. “For the fourth year in a row, long-short strategies garnered the most…