Article

Real estate, F/X fund managers will escape carried interest caps

Many investment funds won't be hurt by limits on carried interest under final tax rules that exempt large sources of fund income, including real estate, natural resources, commodities and currencies.

Market Analysis

Gauging risk from private equity and hedge funds

Investors have more exposure to alternative strategies than ever, but their returns are much less certain than before.

News

KKR’s Sheldon expects high volatility in fragile credit markets

Junk bonds remain attractive, even in COVID-impacted sectors.

Surging wildfire claims could test PG&E shareholders' devotion

Under PG&E's first plan proposal, existing shareholders may see their ownership decline to 30% from 100%, yet their stake may still be worth between $5-$10 billion.

For world’s wealthiest families, hunt is on for private deals

The desire for direct private deals isn’t new, but the urgency among the super-rich to diversify and find long-term, benchmark-beating investments outside public equity markets is mounting.

Index providers spark governance reform

Unable to push many companies to do away with unequal voting rights, investors pressing for governance change are increasingly finding allies in indexes and the billions in assets under management (AUM) tied to them.

Philip Morris will feel the heat from Indonesia cigarette tax boost

Indonesia's plan to raise its excise tax on tobacco and tobacco products by 23% at the start of next year will fall hardest on Philip Morris International.

Pricing-power pockets support asset-management's view on value-for-money

According to Bloomberg Intelligence analysts, areas of pricing power don't negate the broad secular-fee challenge across the asset management industry, since there is the ability for some richer pricing as support for a core value-for-money industry tenet.

Seeing minimal fee pressure, private equity firms are keeping the pricing power

Private equity firms anticipate stable management fees amid less investor pressure to lower fees vs. traditional managers and hedge funds.

Accelerating D&I is essential to remain competitive and attract a new generation of investors

A company’s commitment to diversity and inclusion is no longer considered auxiliary strategy or a proof point that sets them apart. In determining their financial decisions, investors are paying close attention to how companies incorporate these initiatives into their business.