ALTERNATIVE FUNDS REMAIN OUT OF FAVOR
Thursday 4/28/2016 17:00:21 EST - Standard & Poor's

During the first quarter of 2016, many previously-popular alternative mutual funds experienced outflows. While the mutual fund industry gathered $24.1 billion of fresh money in the first three months of the year (excluding money markets), according to Lipper data, led by $27.1 billion from taxable and tax-free bond mutual funds, alternatives had $15.8 billion of outflows.

S&P Global Market Intelligence thinks in prior years the appeal for alternative mutual funds was that they are l...