FYI: Alternative investments are being used by nearly 40 percent of U.S. advisors, representing 7.2 percent of their total assets under management in 2017, according to a new report by Cerulli Associates.
That’s an increase in use by advisors; in 2016, alternative investments made up 5.7 percent of advisors' AUM, the report said. The report also noted alternative assets were up 2 percent in the first quarter of 2018.
Regards,
Ted
https://www.fa-mag.com/news/nearly-40--of-u-s--advisors-use-alt-investments--study-says-41078.html?print
