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World s super-rich families want more hedge funds, survey finds

Family offices are heading back to hedge funds. More than a third of 185 investment firms for wealthy clans plan to boost allocations amid the economic upheaval caused by the Covid-19 pandemic, according to survey released Wednesday by BlackRock Inc. and Juniper Place, a London-based firm that…

World s super-rich families bet on hedge funds in economic upheaval: Survey

Family offices are heading back to hedge funds. More than a third of 185 investment firms for wealthy clans plan to boost allocations amid the economic upheaval caused by the Covid-19 pandemic, according to survey released Wednesday by BlackRock Inc. and Juniper Place, a London-based firm that helps asset managers raise capital. Family offices and other investors soured on hedge funds in recent years, bemoaning high fees and lackluster returns. But the health crisis has given some of those managers a boost, particularly stock-pickers who benefited from aggressive bets on technology stocks and copious economic stimulus that drove equities to new heights.

Survey: World s Super-Rich Families Want More Hedge Funds

Survey: World s Super-Rich Families Want More Hedge Funds
newsmax.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from newsmax.com Daily Mail and Mail on Sunday newspapers.

Mint Lite | Grammy Awards, Hong Kong crackdown, WHO, veganism & more

Mint Lite | Grammy Awards, Hong Kong crackdown, WHO, veganism & more The Recording Academy has announced that it is scheduling the Grammy Awards ceremony to March 14, from its planned January 31 date, due to concerns over the spread of the coronavirus. (Photo: AP) Share Via Read Full Story Music lovers may have to wait a little bit longer to enjoy the year’s best. The Recording Academy has announced that it is scheduling the Grammy Awards ceremony to March 14, from its planned January 31 date, due to concerns over the spread of the coronavirus. The surges of covid-19 cases in Los Angeles prompted the organisers to shift the date of the ceremony, which is considered the Oscars of music world. Though vaccines have started being administered in the US, the cases are also climbing, especially in Los Angeles, the home of ceremonies like Grammys, Golden Globes and Oscars.

BlackRock, Juniper Place survey finds super-rich families want more hedge funds

BlackRock, Juniper Place survey finds super-rich families want more hedge funds
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