Money Management Executive Latest News

The U.S. Private Equity Access Fund Platform includes 33 offerings and more than 7,000 domestic and international investors.

Managers in the space have been raising cash at their fastest pace since 2013.

All posted positive returns over five years, but active saw the largest outflows.

Nearly 17 million investors will use the technology by 2021, a rise of 1.8 million compared to last year, Aite says.

Above all others, millennials are likely to include the funds in their portfolios, Schwab says.

The iShares fund reported $4.36 billion in new money as yield rose and the Federal Reserve prepares to shrink its balance sheet.

The market is estimated to be worth over $8 trillion in the U.S. alone.

To encourage a budding relationship with younger clients, firms must provide new offerings and more guidance about how to invest, Schwab says.

Data reported by the Investment Company Institute.

Sept. 18: As the alternatives market expanded 28.4% over the last year, analysts say fund costs will trend downward with time.