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January 07, 2014 at 09:35 AM
Investor appetite for alternative investments has steadily increased over the past few years, led by greater allocation towards the asset class by institutions, according to new research.
The study, by Boston-based Cerulli Associates, revealed that in Asia ex-Japan, alternative mutual fund assets under management were US $21 billion at the end of September last year, about 6.1 percent higher than the end of 2012.
The 6.1 percent growth is part of a pattern of increased allocation to the asset class over the past few years, which has seen AUM in the alternative space growth from just under US $19 billion in 2009.
