Alternative investments, in general, use strategies and techniques not available to traditional investment vehicles, like mutual funds, in order to produce and enhance their returns. One of the most significant differences is that alternative investment managers have access to an expanded array of non-traditional investment instruments, tools and techniques. These unique tools can include futures, short-selling, leverage, options, overlays, arbitrage, and private markets. Below is a list of the most common alternative investments strategies.

• Merger Arbitrage/Risk Arbitrage • Fixed Income Arbitrage • Convertible Arbitrage • Managed Futures • Fund of Funds

• Global Macro • Equity Market Neutral • Long/Short Equity • Distressed Securities • Emerging Markets