Alternative investments

The NHL team owner and famed asset manager’s challenges illustrates how the appetite for hedge funds has changed since he first got into the business.

Broadly, hedge funds lost about 0.1% last month, paring gains for the year to about 6.2%, data show.

The cases allege unsuitable recommendations of LPs issued by affiliates of GPB Capital, which faces multiple investigations.

Closed-end funds can allow all clients — not just HNW ones — to invest in alternatives

The employee and independent BD collected excess UIT commissions and failed to properly review inactive accounts, the regulator says.

One of the clients who filed the claim is still trying to withdraw money from non-traded investments he says were never explained to him.

A PKS rep allegedly sold $190 million worth of non-traded REITs and BDCs without disclosing the commissions.

There is growing disquiet among those who run and invest in the products about potential problems that might be caused by rate cuts from the Fed.

Of the 468 hedge funds that used Goldman Sachs’ prime brokerage services in the past decade, half have shuttered.

A team of Bank of America specialists help the superrich diversify with farms, ranches and other alternative investments.

A Financial Action Task Force note on digital asset oversight is “one of the biggest threats to crypto today,” a research executive said.

The firm expects shareholders will save an estimated $3.2 million, annually.

The firm plans to focus on raising money for products that lock up capital for several years, according to people with knowledge of the matter.

Executives say the race to zero in fund fees and improvements in data and analytics are among the top issues impacting asset management.

Activist investors have taken large stakes in at least 100 of the products so far this year.

After his record $2.3 billion purchase of the Carolina Panthers, some clients became concerned the demands of owning an NFL team might be too distracting.

More money has been pulled from hedge funds than added over the past four quarters, while ETFs reeled in $312 billion last year.

The tax law overhaul has created planning opportunities.

The fast-growing Chicago firm now nearly $4 billion in AUM.

Michael Arougheti says the move his firm took last year has already boosted stock liquidity and expects it will lure more investors to alternatives.