Hints and tips:
...However, over the past year, music royalties have become less attractive to investors, who can now find higher returns from traditional fixed-income investments such as bonds....
...The private equity pioneer, which bought a catalogue from Kobalt Capital worth $1.1bn in October 2021, recently hired advisory firm Raine Group to evaluate options for its music assets after receiving interest...
...The capital discipline of producers often results in an energy supply that, in aggregate, is relatively insensitive to price signals, driving energy inflation with outsized effects for low-income consumers...
...Private capital executives argue that taking some liquidity risk, with strict asset-liability management, is a safe option. Athene’s fixed-income portfolio is 97 per cent investment-grade rated....
...In 2008 Englander hired Michael Gelband from Lehman Brothers to build out the firm’s fixed-income trading business, which grew into one of Millennium’s main profit engines....
...It hired Colin Lancaster in May 2021 as global co-head of discretionary macro and fixed income to build out a business in this area....
...In its mutual fund range, Calamos runs hedge fund-like market neutral, long/short equity and hedged equity funds, alongside simpler equity and fixed-income vehicles and its convertibles strategies....
...But he added that the investment strategy had always been to create capital growth as well as income....
...One ad is for a specialist in the private equity secondary market as well as other senior roles in equities, fixed-income and portfolio management....
...The income and repayment values of most bonds are fixed, so investors suffer when inflation is high and the real value of the asset declines....
...Underlying this is continued weak productivity growth, which in turn can be explained by chronic under-investment in fixed capital, infrastructure, innovation and skills....
...Pension fund reforms I now turn to pension fund reforms that will increase the flow of capital going to our most promising growth companies in a way that also improves outcomes for savers....
...Given the large range of options and the benefits alternative assets can provide, it is perhaps now appropriate to consider if a 50/30/20 of equity/fixed income/alternatives mix might be superior to a traditional...
...UBS’s investment bank has accounted for 25-30 per cent of the wider group’s profits since the bank cut back its fixed-income division a decade ago....
...“The fixed income element . . . can now also provide a much greater income contribution to portfolios, which is welcome as for many years now the typical 60/40 portfolio has been incredibly reliant on its...
...The investment income from Lincoln’s portfolio of alternatives, which may include venture capital, hedge funds, real estate and oil and gas portfolios according to the 10-K, fell to one-tenth its level from...
...“Traditional” asset allocations for individuals, such as 60 per cent in stocks and 40 per cent in fixed income, now feel outdated in a world where most institutions have up to half their capital in alternatives...
...First Republic Bank received an industry-led emergency cash injection and has hired Lazard and JPMorgan Chase to advise it on strategic options....
...In core front-office sales and trading, especially in fixed income, how many market participants do you know that have ever used an alternative?...
...Archard said AB’s two initial fixed-income ETFs should list in “late Q3 or early Q4” and it was planning “several equity products”....
...Most pension funds “don’t have the guts or the resources to challenge these prices [but] they’re representing hundreds of thousands of retirees living on fixed incomes”....
...Home Partners then buys the property and rents it out on a five-year deal with fixed annual rent bumps and an option to purchase....
...Overall, China’s onshore bond market ranks as the world’s second-largest and is valued at more than $19tn, but China’s share of total fixed income securities issued globally is only 15 per cent....
...Ackman’s hedge fund will now acquire a $2bn stake in Universal with the option to buy the other half by September....
...The deal with venture capital groups Sequoia and Paradigm is seen to be more about strategic direction than the cash involved....
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