This year’s spike in volatility provided a terrific opportunity to judge the effectiveness of liquid alt mutual funds. For clients who have become increasingly concerned with the direction of global markets, this review may be a timely means of positioning their portfolio, as well.
Clients might be forgiven for being caught off-guard by stock market jitters: The Dow hovered between 17,500 and almost 18,300 from February to August — in percentage terms, it was the narrowest six-month range since 1926.
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