Year-to-date through May, fundraising for alternative assets available to the retail channel reached $47.56 billion, according to Robert A. Stanger & Co.

Allspring Global Investments plans to start offering actively managed ETFs.

The investment manager has added eight new fixed-income and multi-asset SMAs for advisors to use in client portfolios.

CAIS, which works with more than 34,000 financial advisers, is cutting fees to as low as 0.05% for feeder funds that direct investors to alternative assets.