Although completion funds have existed for more than a decade, their use has not been widespread. That said, as SMAs have become a greater focus, more asset managers are seeking to launch completion funds. Based on a FUSE Research Network survey of asset managers regarding their use of no-fee SMA (completion) funds, a third reported they are currently using the funds, while 12% indicated an interest in adding them over the next 12 months.
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Article was published on August 5, 2021.