Alternative investments are apparently too complicated to explain to clients, according to 1,300 global financial advisors surveyed by Natixis Global Asset Management.
Advisors recognize that alternative strategies, including hedge funds, private equity and long-short investments, can play an important part of a client's portfolio, but only one-quarter of them use them regularly. The main reason for staying away is that they are too difficult to explain to clients, the survey found.
Nearly three-quarters of survey respondents said they thoughts sales materials for these strategies needed to be written in plain English.
Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.
Your access to unlimited BenefitsPRO content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
