Alternative mutual funds have proliferated in recent years, providing broad access to investment strategies once available only to high-net-worth investors and institutions. These more-liquid vehicles attempt to provide portfolio benefits similar to those of hedge funds - but in the U.S. must do so within the constraints of federal mutual fund regulations. This issue of Investment Brief compares alternative mutual funds to the hedge fund strategies they emulate. It also notes some of the key results of Segal Rogerscasey's in-depth analysis of both universes based on U.S. data.
Download the full Investment Brief as a PDF from the link at the bottom of this page.
For a more detailed discussion of alternative mutual funds, see Segal Rogerscasey Canada's December 2014 Investment Focus, "Liquid Alternatives - Alternative Mutual Fund Primer."