Morningstar, Inc. released some sobering news about the alternative mutual fund space.
According to its fourth-annual national survey examining the perception and usage of alternative investments among institutions and financial advisors, the survey found that alternative mutual funds saw inflows of $23.2 billion in 2011($14.2 billion excluding the nontraditional bond category), while U.S. equity mutual funds bled $84.7 billion. However, inflows were lower than prior years, and alternative exchange-traded fund inflows for 2011 were only $11.6 billion, the lowest level since 2006.
Register or login for access to this item and much more
All Financial Planning content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access