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...They have recruited three full-time reporters and a group of overseas freelancers who have written for mainstream news outlets, including the FT and Reuters, in places such as Brazil, Mongolia and Namibia...
...AMG, which buys stakes in the management companies of alternatives and mainstream asset managers, did not respond to a request for comment. Additional reporting by Sally Hickey...
...The efforts that have drawn Tuckwell’s ire include the launch of the retail-focused WisdomTree Prime digital wallet service and the relatively weak debut of the manager’s spot bitcoin ETF in January....
...Hipgnosis, which owns a large portfolio of music including the Kaiser Chiefs, Red Hot Chili Peppers and Shakira, has helped transform music rights into a mainstream asset class....
...Instead, investors are focusing on strategies that track an index over those that select stocks, particularly exchange traded funds....
...But at some point the Buffett public relations magic will fade, and Berkshire will be assessed as a diversified conglomerate that is substitutable by an index fund....
...Still, the launch of crypto-linked funds by three of China’s largest mainstream asset managers has generated excitement within the industry, despite Beijing’s strict cryptocurrency rules and warnings from...
...Blackstone has agreed to acquire Hipgnosis Songs Fund for almost $1.6bn, the latest salvo in a bidding war for the troubled group that pioneered efforts to turn music rights into a mainstream asset class...
...VanEck is hoping to exploit this mood by aiming to attract one of the largest sources of untapped capital — pension funds....
...European investor allocations to environmental, social and governance exchange traded funds slowed down in the first quarter of 2024 as the sector endures an “existential crisis”, Morningstar research shows...
...Flows to active US exchange traded funds have surged past previous records for both monthly and quarterly hauls, helping to drive assets held in the vehicles above $750bn at the end of March....
...One hedge fund manager put it bluntly: “There have been two winners in the distressed debt boom: law firms and investment banks and they have every incentive to keep that party going.”...
...Abrdn, another active fund manager in the UK that was ejected from the FTSE 100 last year, said net outflows from its equity funds amounted to £2.3bn in the first quarter, while its fixed income funds received...
...Multiyear trends such as increased competition from lower-margin passive investing and higher regulatory costs are continuing to erode mainstream asset management....
...Hipgnosis was founded by music executive Merck Mercuriadis in 2018 to turn music rights into a mainstream asset class....
...Exchange traded funds have taken over as the dominant holding in the fast-growing multitrillion-dollar US model portfolio market, helping to turbocharge their already rapid growth....
...But this, Bain reckons, is because funds have only been able to sell their best firms, which command the highest multiples. Last year, buyout funds returned $345bn, the lowest in a decade....
...*Ignites Europe is a news service published by FT Specialist for professionals working in the asset management industry. Trials and subscriptions are available at igniteseurope.com....
...Money has surged into some of the new funds, with BlackRock’s bitcoin ETF the fastest ETF in history to reach $10bn....
...The funds enable investors to own bitcoin via a regulated vehicle listed on the stock market, without directly holding the cryptocurrency itself....
...However, a larger determinant of these products’ long-term profitability will be their ability to pass muster with the fund analysts and financial advisers who vet funds and add them to client portfolios...
...For big investors — and at $1.6tn, Norway’s oil fund certainly counts — private markets are simply becoming too big to ignore....
...Fixed income funds reported inflows of $42bn and equity funds received $18bn, for total long-term flows of $76bn....
...The price of bitcoin traded above $50,000 on Monday for the first time since 2021, underscoring the sharp change in appetite for the token since mainstream bitcoin investment funds launched earlier this...
...Under the plans for the Irish ETFs, BNY Mellon will provide depositary, including custody, fund administration and fund accounting services to a selection of Dublin-domiciled iShares ETFs....
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