Alternatives should have a weaker first quarter than 4Q13 due to both seasonal effects and mixed results from equity markets, but lower valuations caused by a slump in net income may be a good opportunity to invest in funds that still have solid results and are poised to perform later in the year. Pullback gives investors a chance to move in “We view the recent pullback in the shares as creating attractive entry points as the growth outlook remains strong, valuations are attractive, and the equity yields remain substantial,” writes Sterne Agee analyst Jason Weyenth in an April 9 report….