The market for retail alternative products has been strong, data shows. The nine closed-end funds that launched in 2019 raised almost $5 billion in their IPOs, according to Fuse Research. Interval funds, another less-liquid retail structure, have seen assets grow 32%, on an annualized basis, between 2017 and 2019. Assets in those products ballooned by nearly $3.5 billion.
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Article Published on January 29, 2020