Financial advisors and their wealthier clients will have a lot more separately managed alternative accounts to consider next year, according to a new study by Aite Group, the Boston-based independent financial industry research and advisory firm.
A survey by Aite of some 400 small, medium and large hedge fund executives finds that the major growth area at these firms will be in the area of separately managed alternative accounts, with the number of firms offering such accounts expected to nearly double.
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