The 2017 Preqin Private Capital Fund Terms Advisor finds that several private capital fund types are raising their
average management fees among funds of more recent vintages. Unlisted infrastructure funds have seen mean
management fees rise marginally from lows of 1.38% for 2014 vintage funds to 1.48% for 2017 vintage funds and
vehicles in market
BlackRock has launched an exchange traded fund (ETF) providing exposure to a variety of commodity markets for investors seeking portfolio diversification tools, at a time when the correlation between historically uncorrelated asset classes is rising.
ETFs and ETPs listed globally gathered a record amount of US$63.57 Bn in net inflows in June and a record level of US$347.70 Bn in year to date net inflows. At this point last year there were net inflows of just US$123.55 Bn.
It has been 15 years since Tim Albrecht assumed responsibility for the DWS Deutschland fund. In July 2002, the volume of the equity fund, which had been badly battered by the tech bubble, stood at a mere 200 million euros. Today, investors entrust seven billion euros to the Head of German, Austrian and Swiss Equities.
We see further strength in Japanese equities after their recent rally, given an
encouraging earnings outlook, relatively low valuations and a stable yen under
Japan's ultra-easy monetary policy.