Liquid Alts End So-So Year up 2.3%

Liquid alternatives finished the fourth quarter flat after gaining 0.2% in December to conclude a lackluster year. The Wilshire Liquid Alternatives Index posted a 2.3% return for 2016, compared with 12% for the S&P 500 and 2.7% for the Bloomberg Barclays Agg. The index performed roughly in line with the HFRX Global Hedge Fund Index, but…