Advisor market alts product sales – which started out this year on an even hotter pace than a rabid 2021 – have hit a rough patch, declining each month since February as a tightening economy and market uncertainty shuffle investor portfolios. The pullback by advisors has roots in the greater market uncertainty, said Jeff Strange, relationship manager at FUSE Research Network. “We’re probably seeing investors waiting on the sidelines a little bit to see where the bottom is before making strategic decisions,” he said.
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Article published on June 29, 2022