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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