Wilshire Associates has launched two indices aimed at bringing greater price clarity to liquid alternative mutual funds.
The firm's Liquid Alternative Index will measure the performance of liquid alternative mutual funds. Its Focused Liquid Alternative Index is designed to help fund companies build funds of funds of liquid alternatives, or exchange-traded funds.
The news that Wilshire, creator of the Wilshire 5000 Total Market Index, has created a daily valuing system for liquid alts is the latest in a long line of evidence suggesting the asset class is here to stay.
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