The global alternative investment space now sits at more than $9 trillion in global assets, and we’re just getting started. Roughly 40% of RIAs are using alternative investments. With the RIA space expanding and alternative investment demand rising among investors – a surge in data, news, and opinion will continue. This channel cuts through the noise to give you the most important actionable insight.
The JPMorgan Realty Income Fund, an open-ended mutual fund which was in operation since January 1, 1998, has converted to the JPMorgan Realty Income ETF with effect from the close of business of May 20, 2022. The ETF seeks to provide high total investment return through a combination of capital appreciation and current income.
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As low or negative rates bite, family offices invest more and more in private debt.
Wealthy individuals and family offices are lending money where banks fear to tread. Gone are the days when high net worth investors could rely on traditional investments to preserve the value of their nest egg for their families and descendants. Enter: private debt.
Mutual funds bleed after Peking University Founder Group Co.’s bond default.
Peking University Founder Group Co.’s bonds crashed by 70% the day after the Founder Group defaulted on a 2 billion yuan ($285 million) bond.
The Founder Group is a high tech Chinese industry and investment conglomerate with interests in everything from finance, real estate, healthcare, to commodity trading and IT services. It is 70% owned by the state-owned Peking University.
The value of other Founder Group bonds also slumped as the fear spread.
Illinois Teachers’ Retirement System, Springfield, committed a total of $665 million to six alternative investment funds.
The $ 52.3 billion Illinois Teachers Retirement System (TRS) allocated $ 665 million to alternative investment funds based on decisions taken by the investment officers of the fund.
A new BDOreport U.S. Private Capital Outlook explores the preparations of venture capital and private equity firms ahead of a projected downturn. The report replaces and expands on BDO’s report, Private Equity Perspective Survey.
Japanese economic growth during the third quarter of 2019 surpassed both preliminary and market forecasts.
Japan’s GDP growth during the third quarter of 2019 came in at an annualized 1.8%. This rate was much higher than the preliminary forecast of 0.2% annualized. It also breezed past analysts’ estimates of 0.7% growth. Moreover, it was the economy’s fourth consecutive quarter of positive growth. Should investors consider investing in Japan via Japan-focused ETFs?
AQR Asset Management researchers have put out a new paper that looks at fixed income investing.
As rates have declined over the past 20 years, active fixed income managers have outperformed their benchmark index
Notz Stucki has purchased Geneva-based alternative investment management firm JAM Research.
The CPPIB will invest up to $600 million in the National Investment and Infrastructure Fund (NIIF) of India. CPPIB’s investment is complementary to its existing direct investment strategy in Indian infrastructure. It joins Abu Dhabi Investment Authority, AustralianSuper, Ontario Teachers’ Pension Plan, and Temasek.
Magnetar Capital will launch its first healthcare hedge fund in 2020. The firm aims to close a $400 million fund by mid-2020, according to Bloomberg. The company will look to capitalize on the growth of startups and by shorting established businesses with challenges on the horizon.
Billionaire Bill Ackman and his hedge fund are having a great 2019. Last month, Ackman’s hedge fund added another gross return of 3.4% — or 3.2% after fees. This gain brings Pershing Square (after fees) to a 51.3% return so far in 2019. What’s crazy about this number is that Ackman’s firm hasn’t had a year of net positive returns since 2014.
A lending crisis has opened up profitable opportunities to lend to Indian performing companies.
The Canada Pension Plan Investment Board (CPPIB) and the Ontario Teachers Pension Plan, may deploy up to $1.5 billion in Indian private credit.
What are direct listings? They are not allowed by the SEC at the New York Stock Exchange. Direct listings allow firms to engage in the public equity markets without selling new shares. The process also carries fewer listing fees and restrictions.
LPL Financial launched a no-transaction-fee, ETF network where advisors can trade ETF’s for free in their advisory accounts.
LPL Financial partnered with three leading ETF providers – State Street Global Advisors, Invesco and WisdomTree to offer the zero fee service from December 6.
Rivulet Capital has said it will vote against Thoma Bravo’s purchase of educational software giant Instructure. The firm – which owns 5.23% of Instructure – announced its intention in a regulatory filing.
The Illinois pension crisis just got much worse. According to reports, the state’s unfunded pension liabilities jumped $3.8 billion to $137.3 billion at the end of the fiscal year 2019. The deficit comes despite the fact that the state recorded record taxpayer contributions.
Mark Wiseman found himself in the running to replace BlackRock Chief Larry Fink. Now he finds himself out of a job. Multiple media outlets report that Wiseman allegedly violated BlackRock’s “relationships at work policy.”
CBRE, the global real estate investment and advisory firm, released the third quarter U.S. Net-Lease Investment Report.
Inland Private Capital Corporation announced the full funding of its first private placement offering by a qualified opportunity fund, Saint Paul Opportunity Zone. The fund will no longer accept any new capital. The fund raised $30 million in equity capital from investors.
Natixis Investment Managers has released the results of its survey of investment managers this week.
Natixis surveyed 500 institutional investors, who collectively manage more than $15 trillion in assets. These respondents manage money for pensions, insurers, sovereign wealth funds, foundations and endowments all over the world. The survey measures the investment community’s outlook and concerns for the next year. The key finding in the report is that increased volatility is the top portfolio concern of many investment managers. Most managers see no relief in sight from trade and low yield risks.
Artificial intelligence and job displacement. That has emerged as an important them among working-class voters across the United States. With AI now targeting white-collar jobs, the stakes are going even higher. This week, Vox Media asked five candidates a question about artificial intelligence.
Fake news is a term generating a lot of buzz in the United States. But in China, the term has taken on a whole new meaning. The country has issued new guidelines that will ban online video and audio suppliers from using artificial intelligence to disseminate “fake news.”
Interest rates have been declining since the financial crisis and the resultant falling investment returns have put pension funds under pressure. Pension funds turn to alternative investments to offset the chronic low rates regime.
Global economic growth sits atop a list of concerns from BlackRock. On Tuesday, the alternative asset manager said it has shifted toward defensive Asian stocks. A report indicates that the company has turned to sectors like telecommunications in China. The group released its projections for next year in a 2020 report on the region.
Barings announced the launch of its first onshore Private Fund in China.
The Barings China A-share Private Securities Investment Fund No.1 has registered with the Asset Management Association of China.