American [stock market] carnage
Move demonstrates manager’s new determination to democratise alternatives and could be timely, analysts say
World’s largest money manager had staked out position as sustainable investment leader
Veteran stockpicker sells shares in spirits brand because drinks sector is being ‘impacted negatively’
Once the preserve of institutions, private assets are now promoted through semi-liquid funds
Investors poured $300mn into manager’s exchange traded funds led by VOO, its S&P 500 vehicle that attracted $117bn
Saba Capital has taken stakes in seven trusts and called on investors to vote for changes to their boards
Alacrity’s restructuring puts it under control of private credit lenders including Antares, Blue Owl, KKR and Goldman
Multi-strategy –> Multi-manager –> Multi-boutique
The fund made returns of nearly 20% last year but has failed to retain sufficient assets to be ‘economically efficient’
The proposed move is thought to be the first conversion in the US of a passively managed index mutual fund to an ETF
US hedge fund manager asked shareholders of seven trusts to overhaul boards and install his fund as investment manager
Industry hopes incoming administration will open long-restricted private investments to individual investors
Executive known as the ‘Godfather of the LDI market’ will retire
Filing says active ETF would invest in bonds issued by companies such as MicroStrategy
Chancellor Rachel Reeves wants to learn lessons from the ‘Maple 8’ — but they have their own problems
UK savers trail US and several European nations
Information is power, and money
Worries about running out of money makes people frugal and wary of taking any big pension decisions
What exactly do savers get out of investing in the UK, other than a patriotic glow?
Greencoat UK Wind’s charge shake-up could be copied by other trusts
Ken Griffin’s and Izzy Englander’s funds likely to have outperformed industry
From money-saving work perks to investments and tax planning, resolve to get your finances in shape this new year
The sector has a growing share of female leaders, who say they value purpose and work-life balance
After healthy returns from US equities, investors are being warned the era could end, and unlisted securities could be the answer
