Cerulli: Advisor Alts Allocations Could Double to $4 Trillion
U.S. advisor ownership of less-than-fully-liquid alternative investment products could grow by $2 trillion in the next five years, according to a new report from Cerulli. The firm estimates current allocations stand at $2.2 trillion, meaning AUM could nearly double in that timeframe. The firm pointed to the growing number of interval funds and other semiliquid […]