Alternative investments

The firm is set to formally begin raising a new fund dedicated to this practice imminently, according to people familiar with the matter.

For younger investors, the current experience of "finding and investing in a mutual fund feels very broken," says co-founder of the investing app startup.

Some unresolved issues haven’t received as much attention as those related to federal securities laws.

But the benefits are not evenly distributed among taxpayers.

Regulators in Massachusetts launched a “sweep” of more than 60 firms that sold nearly $1.3 billion in limited partnerships sponsored by GPB Capital.

The actively managed offering aims to invest in corporate and non-corporate obligations, excluding government-guaranteed issues.

UBS wades into relative-value strategies with short-term structured notes

To get back into investors’ good graces, funds have had to alter traits like their liquidity, fees and even their overall structure.

The pool of money will primarily buy investments from so-called side pockets of illiquid stocks created before 2008.

Expected to raise $1 billion, the listing could encourage new offerings from many of the country’s cash-starved property firms.