DoubleLine Total Return Tops $17B
Investors added $27.7 billion to long-term open-end funds in October, according to data fromMorningstar. Taxable-bond funds led the way with inflows of $29.6 billion, while U.S.-stock funds saw outflows of $8.3 billion.
But alternative funds have had the fastest organic growth rate of any asset class in 2012, collecting $12.4 billion in year-to-date inflows.
