BlackRock announced it will liquidate the iShares Diversified Alternatives Trust (ALT) next...


BlackRock announced it will liquidate the iShares Diversified Alternatives Trust (ALT) next month. "Based on the review and client feedback, it appears this product has a limited role in today’s investment portfolios, and we have seen little long-term demand," said Patrick Dunne, head of Global Markets and Investments for BlackRock. This will be the first closure for an iShares ETF since 2002.

Comments (2)
  • Rajeev Seth
    , contributor
    Comments (43) | Send Message
     
    Refer to my article on ALT 2.5 years back on this site
    I made it clear then how this product was meaningless and useless

     

    http://seekingalpha.co...
    27 Apr 2013, 02:31 AM Reply Like
  • CarefulStudy
    , contributor
    Comments (39) | Send Message
     
    Good Prediction
    27 Apr 2013, 03:02 AM Reply Like
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