Alternative investment and private fund use surges as financial advisors demand diversification, new broadridge survey finds

Use of alternative investments grows from 59% to 67% between q1 2022 and q3 2022 new york , oct. 19, 2022 /prnewswire/ -- a bi-annual survey of 400 financial advisors released today by broadridge financial solutions, inc. (nyse: br), a global fintech leader, finds that advisors are increasingly leaning on private funds and alternative investments amid volatile equity and bond markets. despite this surge, the surveyed advisors claim to lack sufficient options and the right resources from asset managers needed to implement these products in their portfolios.
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