There’s one corner of the private investment world benefiting from the Trump bump going bust: Secondaries. “Secondaries” professionals buy stakes in privately held funds from investors looking to cash out early. They have been busy of late, closing a record $162 billion in deals last year, according to asset manager BlackRock. Demand could ratchet up
For many advisors, bond funds are necessary and effective for diversifying investment portfolios. High net worth investors can, and frequently do, use bond funds to obtain exposure to bond diversifying asset classes like mortgage-backed securities, high yield, floating rate, international and emerging markets, said Ryan Martin, vice president and portfolio manager at Rockland Trust in
Want to comment on this story? Become a subscriber today. Click here. Michigan must prioritize investing in students from low-income backgrounds who are farthest behind in post-pandemic learning if it wants to stop its slide to the bottom nationally in K-12 education metrics, a new education report released Thursday says. “Meeting the Moment,” a report
Chinese EV battery maker shows new tech US consumers can’t buy At the Shanghai Auto Show, Chinese EV battery giant CATL revealed new technologies, but none are likely to reach US consumers anytime soon. Straight Arrow News California is suing the Trump administration for withholding $5 billion in funds for electric vehicle infrastructure. The lawsuit
TOPEKA, Kan. (KCTV) – Former Overland Park, Kansas, Police Department officers who resigned at the center of an investigation into misused charity funds have been ordered to repay more than $27,500. Johnson County, Kansas, District Court records have revealed that the four former officers have been ordered to repay the money that a 2021 audit
A new law will give Indianapolis more pothole-filling funds, but it comes with caveats. Photo provided Beginning in 2027, Indianapolis will be eligible for an additional $50 million for two straight years for its historically underfunded streets—but that comes with some asterisks. Indianapolis Mayor Joe Hogsett and his staff have long pushed for a change
Investment manager Rathbones said on Thursday that funds under management had fallen in the three months ended 31 March amid “considerable market turbulence”. Rathbones said funds under management and administration fell 4.7% to £104.1bn in the quarter as a result of heightened market volatility ahead of Donald Trump’s so-called “Liberation Day” tariff announcement, with net
Scepticism shakes industry – Billions in outflows and killjoy Trump: Are ESG funds still worth it? Doubts about performance and resistance from Washington: Globally, investors are withdrawing funds from sustainability funds – including in Switzerland. The industry is now betting on «ESG 2.0.» Publiziert heute um 09:38 Uhr Owners of sustainable funds face a dilemma
In a significant legal development, New York Attorney General Letitia James has obtained a court order reversing the Trump administration’s recent actions, resulting in the reinstatement of more than $1 billion in federal education funding. According to a press release, District Court Judge Edgardo Ramos ruled that the funds—designated for low-income and unhoused students, as
A group of blue states joined forces Wednesday to sue the Trump administration after it halted a program that federally funded electric vehicle charging infrastructure. The District of Columbia joined 16 states — including California, Colorado and Washington — in a suit over the Federal Highway Administration (FHWA)’s efforts to halt Congress’ $5 billion National