1 septembre 2017

The year was 2009. Amid a climate of investor cynicism, disappointment and self-examination, two papers were published that would fundamentally change the way that the investment industry viewed active equity management.

• Equity

Lire la suite : Will the ‘Real Active Managers’ Please Stand Up?

1 septembre 2017

The resurgence of investor appetite for emerging markets is proving to be the most significant allocation trend of 2017, at least according to bfinance data on new mandates.

• Fees
• ESG
• Equity
• Emerging Markets

Lire la suite : Emerging Market Equity and the ESG Challenge

1 mai 2017

Investors' costs have never been more vigilantly scrutinised than they are today. New bfinance data published in investment Management Fees: New Savings, New Challenges (May 2017) reveals falling fees in several sectors, especially where providers have been under pressure from cheaper competitors or the investment landscape has evolved.

• Fees
• Diversifying Strategies
• Hedge Funds

Lire la suite : Fund of Hedge Funds Cut Fees to Regain Lost Ground

1 avril 2017

Unitranche debt / loans, which increasingly dominate European private debt funds and also play a key role in the US market, were only invented a decade ago. GE and Allied Capital (later Ares) teamed up to offer a single-tranche of lending where the first-out position was provided by GE and the second-out by Allied. The borrower received one set of pricing and one loan agreement: for them it was more expensive but simpler and, importantly, enabled greater leverage

• Private Markets
• Private Debt

Lire la suite : Unitranche Debt - Why Does the Evolution Matter?