Alt Fund Selection Is a Growing Challenge for Institutional Investors
Alternative assets continue to be a crucial part of institutional investors’ portfolios, but investors have a harder time identifying attractive opportunities.
Lynn Tilton Asks Supreme Court for Stay on SEC Fraud Charge
Founder of RIA firm Patriarch Partners has asked Justice Ginsburg to stay SEC fraud proceeding, charging Commission's administrative law judge systems is unconstitutional.
House to Vote on Dodd-Frank Rollback Bill Benefiting Private Equity
Following SEC scrutiny of Apollo, Blackstone and KKR, House bill would ease some fee disclosures; White House vows to veto measure.
9/11 Commission Chairs Call for New Effort to Combat Terrorist Ideology
Tom Kean, Lee Hamilton say task force will address U.S. failure to address the ideology behind terror attacks, especially among young Muslims.
Private Capital Funds Outperformed Public Indexes in 2015: Preqin
At $4.3 trillion, private capital assets increased by 54% since 2010, Preqin reported.
Top Portfolio Products: State Street Changes SPDR Lineup, Rebalances Index
Also, the first Islamic fixed income fund in the U.S. passed the $100 million threshold in August, says Azzad Asset Management.
World’s Top Performing Fund Is Running Out of Good Stocks to Buy
The BlackRock fund returned 275% in three years; managers restrict inflows while global peers fight withdrawals.
Hedge Funds Bleed Assets in First Half: Preqin
CTAs’ inflows provide a bright spot, while equity and credit strategies suffer.
Wall Street Redoubles Fight to Manage $100 Billion of Endowments
Helping endowments manage their investments has grown into an almost $100 billion business that’s attracted stiff competition from banks, consultants and boutiques.
SEC Takes Aim at Performance That’s Just Too Good to Be True
SEC will require RIAs to document their performance numbers, and disclose more about their use of separate accounts, including derivatives.