Move demonstrates manager’s new determination to democratise alternatives and could be timely, analysts say
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
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
UK savers trail US and several European nations
Information is power, and money
Greencoat UK Wind’s charge shake-up could be copied by other trusts
From money-saving work perks to investments and tax planning, resolve to get your finances in shape this new year
After healthy returns from US equities, investors are being warned the era could end, and unlisted securities could be the answer
Only 20% of actively managed equities and fixed income vehicles outperformed over 15 years
Shift into passive strategies and ETFs has accelerated as performance of pricier mutual funds lags behind benchmarks
Sharp deviations have appeared in expected returns of two leveraged funds amid surge in bets
FT columnists Stuart Kirk, Claer Barrett and Moria O’Neill to take reader questions at online webinar
The platform secured its first client last year but the bank is now assessing long-term options
World’s biggest fund manager seeks to elbow its way into industry dominated by the likes of Apollo and Blackstone
Investors piled into fixed income in bet on falling interest rates
Asset manager demands at least £27mn in damages after buying financial adviser platform from mutual
Martin Small said the world’s largest asset manager was on track for a record year in ETF net inflows
Watchdog says it will scrap regime inherited from EU that can ‘confuse or overwhelm’ investors
US hedge fund trader cites poor performance and outlines plans to put forward his firm Saba as new manager
Authorities hope the initiative, which makes use of index funds including ETFs, will boost investment in private pensions
Powerful US groups are shaking up the market and forcing their transatlantic rivals to partner and scale up — or exit the sector
