A must-read article by Morningstar (at this link) shares the results of the annual joint Morningstar/Barron’s survey of how advisors and institutions use and perceive alternative investments. Alternative investments is a “catch-all” investment category that includes hedge funds, private equity funds, real estate partnerships, and mutual funds that seek to mimic these and other types of investments. Many alternative [...]

In the past, hedge funds were banned from soliciting investors via advertising or media relations.  However, embedded in the Jobs Act was language eliminating these restrictions and allowing hedge funds, for the first time in decades, to promote their products.  This creates opportunity for hedge funds seeking to grow their assets.  It also causes some concern as less sophisticated [...]