FYI: Alternative mutual funds are a fast-growing part of the investment space, pushed by asset management companies that are suffering from the larger secular shift away from active and higher-priced management toward index funds. Packaging hedge fund strategies in mutual fund wrappers carry higher management fees and possibly bring appropriate risk mitigation investments to retail investors. But as more assets flow into the space, they are coming under scrutiny by the Securities and Exchange Commission (SEC) regarding how well they can handle liquidity risk.
Regards,
Ted
http://wealthmanagement.com/print/mutual-funds/there-liquidity-risk-liquid-alts
