Tag: fund

December 4, 2019 admin123@ No comments exist

Hedge funds Hedge fund fees pour out of the sky during market-beating alpha returns which averaged 18.3% pa in 1990s, 6.4% in 2000s, 3.4% pa since 2010.  But buoyant markets now mask outflows to keep their global size constant at £2.3tn ($3tn, €2.7tn).  In 2018, 580 funds out of 11,000 closed, outnumbering launches for a…

November 29, 2019 admin123@ No comments exist

Internal rate of return How do private equity funds juice the internal rate of return (IRR)?  IRR is calculated once clients’ money comes in.  The shorter the period their money is put to work, the higher the annual IRR.  So, funds borrow money for the initial investment, & ask for client money later, to make…

June 2, 2017 admin123@ No comments exist

Institutional investors Pension funds are making unusual investments: Rabobank is landlord of Dutch sex shops, M&G property fund has bingo halls. Cast the net widely to generate a fixed stream of cash Guessed the word?   Series 4 (5/6)   [photo: Espressolia]