7 Billionaires Pledge Half Their Wealth to Charity
Groupon CEO Eric Lefkofsky and a top hotel executive are among the latest crop of Giving Pledgers.
7 Ways to Manage Onslaught of Private Equity Products for Mainstream Investors
Private equity firms are now targeting mainstream investors with new products as the market for institutional money has crested, while new legislation such as the JOBS Act has simplified the process for firms to raise money from retail investors.
Investors Show Strong Commitment to Alternative Strategies
When it comes to diversifying their portfolios with alternative investments, investors remain proactive and their confidence remains robust, according to a report published last week by Preqin, the alternative assets data and intelligence provider.
Sallie Krawcheck Decries Industry ‘Becoming Republican Party’
“It is my intention to be controversial and make us uncomfortable here today,” Sallie Krawcheck said. She didn’t disappoint.
Minority-Owned Businesses Ripe for Cash Infusions
Kesha Cash of Jalia Ventures teaches minority business owners how to get access to capital
College Endowments Posted Negative Returns in FY2012
The 2012 NACUBO-Commonfund Study of Endowments reported that institutional endowments returned an average -0.3%, net of fees, in the year ending June 30.
New Hire Roundup: CFP Board Announces Chair Appointments
This week in new hires, John Byrne and Bryan Hissong returned to Prudential Retirement, and Jac McLean was named head of distribution at Hartford Mutual Funds.
New Hire Roundup: Aberdeen Adds NYC Office
This week in new hires, MFS Investment Management welcomed Philip Stewart and promoted David Bryant; Leslie Voth was named CEO at Pitcairn; and Michael Millman joined U.S. Bank’s Private Client Reserve in San Francisco.
Volatility Makes Alternative Investments ‘Essential’ to U.S. Portfolios: Survey
Over three-quarters of institutional investors in the United States consider alternative investments “essential” to a diversified portfolio, a survey by Natixis Global Asset Management found.
Challenges and Opportunities in the JOBS Act
Provisions within the JOBS Act present advisors with a number of new challenges and opportunities for high-net-worth clients, as the legislation increases access to several alternative private investment structures.