The number of alternative investment strategies used among four popular types of products more than doubled between 2007 and 2011, according to a new report.
Cerulli Associates of Boston published this finding in its May 2012 issue of "The Cerulli Edge: U.S. Asset Management." The monthly publication analyses topics related to product development and strategy, distribution, pricing, and market segmentation.
The research reveals that the number of open-ended mutual funds (OEMFs), closed-ended funds (CEFs), exchange-traded funds (ETFs) and exchange-traded notes (ETNs) increased to 1,019 products by 2011 from 430 products in 2007.
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