While liquid alternative assets grew double-digits last year within the wirehouse segment, the asset class has also seemingly hit a wall.
According to the Money Management Institute’s latest Distribution of Alternative Investments Through Wirehouses Third Quarter 2012 report, liquid alternative assets grew about 12% from $56 billion in 2011 to an estimated $63 billion. By the third quarter of 2012, the liquid alternatives share of wirehouse assets in alternative investments had grown from 38% in 2011 to 42%, representing roughly 15% of the $391 billion in liquid alternatives held across the industry.
more »