Tactical Asset Money Slows


    New money going into global tactical asset allocation is slowing to a trickle after years of substantial inflows, says eVestment LLC. For the first quarter of this year, the strategy attracted only $1.74 billion in net inflows versus $14.4 billion for the first quarter of 2014. At that rate, inflows would total less than $7 billion for all of 2015. That would be a huge drop from what eVestment said was $30 billion in calendar year 2014 and $61 billion in 2013.