Macroeconomic issues and concerns about volatility are pushing investors into liquid alternative mutual funds, said Tom Florence, CEO of 361 Capital. Florence added that individual investors are seeking out liquid alternatives because they are less expensive than hedge funds, yet offer much greater transparency and liquidity. He said his 361 Global Global Long/Short Equity Fund (AGAZX) has been performing exceptionally well and has Canadian telecom giant Rogers Communications as a top holding. Finally, Florence said the 361 Managed Futures Strategy Fund (AMFZX) has also seen inflows.
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