Net assets of mutual funds using alternative strategies quadrupled between 2007 and 2014, a 27 percent annualized growth rate, while the number of such funds rose from 181 to 402.
Source quote, verbatim
The author's analysis of ICI data in Exhibit 1 suggests that net assets of mutual funds employing alternative strategies have quadrupled since 2007 (a 27% annualized growth rate). The number of funds offering investors alternative strategies has grown from 181 in 2007 to 402 in 2014
Kaal, Confluence of Mutual and Private Funds (2016). SSRN: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2715083
Holds when
Investment Company Institute data, 2007 to 2014
author's own analysis presented in Exhibit 1
Classification
empiricalsupport: evidencedprivate-funds
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