ARTICLE
22 June 2016

Millennials Interested In Alternative Mutual Fund Investments, Survey Finds

KL
Herbert Smith Freehills Kramer LLP

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A large majority of affluent millennial investors are interested in alternative mutual funds, according to an online survey by AMG Funds, the U.S. retail distribution arm of global asset management...
United States Finance and Banking

A large majority of affluent millennial investors are interested in alternative mutual funds, according to an online survey by AMG Funds, the U.S. retail distribution arm of global asset management company Affiliated Managers Group. The survey found that 83% of investors aged 18-35 are open to a broader approach to investing, including alternative products, compared to 52% of those older than 35. More than half of the millennials surveyed currently invest in alternative strategies, 69% indicated a desire to learn more about the benefits of alternative investing and 70% said that a liquid alternative mutual fund would benefit their current investment portfolio.
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