Alternative investments

The asset manager’s institutional assets have grown in each of the past five years, increasing about 45% since 2011.

Various measures of what constitutes cash can produce different analyses. This list uses net cash positions at the largest funds.

A recent launch from Flat Rock is designed to provide access to middle-market debt in a new way, according to the firm’s CEO, Robert Grunewald.

Advisors are responding to growing interest from clients to track and even trade the digital coins.

Oct. 2: Honorees in NICSA's NOVA Awards are recognized for their attention to cost reduction and implementation of smarter technology.

Some investments are harder to advise on than others — think of rare coins and art — but advisors can distinguish themselves.

Data reported by the Investment Company Institute.

Managers in the space have been raising cash at their fastest pace since 2013.

Above all others, millennials are likely to include the funds in their portfolios, Schwab says.

To encourage a budding relationship with younger clients, firms must provide new offerings and more guidance about how to invest, Schwab says.