- Private equity to lobby Donald Trump for access to savers’ retirement funds “Now, the industry is seeking to push past that first step, allowing tax-deferred defined contribution plans such as 401ks to back unlisted investments such as leveraged buyouts, low-rated private loans and illiquid property deals, industry executives told the Financial Times.” (FT.com)
- Private wealth offers lifeline for emerging VCs “But in recent years, high-net-worth individuals and even retail investors have flocked to emerging micro funds, which have smaller investment minimums. Blair Garrou, managing partner of Mercury Fund, said the influx has dulled the brunt of the blow for VCs lacking track records.” (PitchBook)
- An Investor’s Guide to the Next Trump Administration “To state the obvious upfront: There is more than the usual level of uncertainty about what Donald Trump will do in his next term as US president and even what existing authority he has to execute many of his plans, such as around imposing tariffs.” (Morningstar)
- SMA Price Compression Helps Drive Lower Fees at Envestnet “Fees for the firm's equity SMA program had the steepest declines, with the minimum fee dropping from 0.65% in May 2023 to 0.52% last month, while the maximum fee fell sharply from 2.31% to 1.25% over the same period, Securities and Exchange Commission filings show.” (FundFire)
- Secondaries volume to maintain strong pace on back of expected record year “Secondaries professionals and LPs dust off their crystal balls to give their views on what will drive the market over the next 12 months.” (Private Equity International)
- A User's Guide to Inverse ETFs “Among the many types of ETFs available, inverse ETFs stand out for their unique structure and purpose. They are designed to move in the opposite direction of a specified index or asset, allowing investors to profit from market declines without directly shorting stocks or other assets.” (ETF.com)
- Target-date funds — the most popular 401(k) plan investment — don’t work for everyone “However, there are some reasons why TDFs may not work for certain investors, especially those with ample savings outside their 401(k) plan or who want to take a more hands-on approach, advisors said. For one, just because investors expect to retire around the same age doesn’t mean the same asset allocation is appropriate for each of them.” (CNBC)
- BlackRock Reorganizes Legal Team after Alts Deals, Platform Launches “The moves were triggered in part by BlackRock's acquisition of Global Infrastructure Partners last year, as well as deals the manager inked to buy private credit manager HPS Investment Partners and Preqin, according to the memo. The reorg was also in response to the recent launches of the firm's global product solutions and global client business platforms, along with a growing ‘corporate affairs’ function.” (FundFire)
- Investors Pour $32B Into ETFs in Strong Start to 2025 “Of that number, over $25 billion went into U.S. equity exchange-traded funds, while $3.9 billion and $2.5 billion went into U.S. fixed income ETFs and international equity ETFs, respectively.” (ETF.com)
0 comments
Hide comments
