Envestnet Unit Unveils Alts Program

Envestnet’s portfolio consulting group,ENVESTNET | PMC, has introduced a liquid alternatives program to help advisors identify high-performing liquid alternative strategies, mainly in mutual funds and ETFs. Advisors will be able to access PMC’s proprietary universe of over 150 strategies across the alternatives spectrum, including long/short, merger arbitrage, absolute return and global tactical.

ThePMC Liquid Alternatives Programaims to identify, evaluate and approve hedge fund-like investment strategies that are available in a liquid, transparent structure. PMC will evaluate the alternatives landscape to add new strategies to the program based on quantitative and qualitative screens.

Click here for the release fromPR Newswire.