Macquarie Investment Management and Wilshire Associates have created a fund aimed at mass-affluent investors that packages private-market assets.
As outlined in its prospectus, the model portfolio of the Delaware Wilshire Private Markets Fund consists of investments in private equity (50%), private debt (15%), alternative yield (15%) and private real assets (20%).
The fund, which has an initial investment minimum of $25,000 and an additional investment minimum of $5,000, will charge a management fee of $1.2% on top of the fees charged by the private funds in which it invests.
Blue Anchor Capital Management and Pickett also purchased “highly aggressive and volatile” securities, according to the order.
Reshuffle provides strong indication of where the regulator's priorities now lie.
Goldman Sachs Asset Management report reveals sharpened focus on annuities.
Ahead of Father's Day, InvestmentNews speaks with Andrew Crowell.
Cerulli research finds nearly two-thirds of active retirement plan participants are unadvised, opening a potential engagement opportunity.
Barely a decade old, registered index-linked annuities have quickly surged in popularity, thanks to their unique blend of protection and growth potential—an appealing option for investors looking to chart a steadier course through today’s choppy market waters, says Myles Lambert, Brighthouse Financial.
How intelliflo aims to solve advisors' top tech headaches—without sacrificing the personal touch clients crave
