Teacher Retirement System of Texas has disclosed making two new investments totalling $150m (€138.6m), split between a GreenPoint Partners real estate fund and a Riverbend Energy fund. The pension fund revealed in its June commitments list that it placed $75m into GreenPoint REPE Fund I and issued a $74.4m commitment to the Riverbend XI. Texas Teachers said the value-add
High interest rates usually spell trouble for venture capital (VC) firms. But with a hot hand to play like AI and cybersecurity, and a shrewd evaluation strategy for potential investments, VC companies can still find plenty of opportunity. It’s a formula that Geneva-based Forestay Capital has worked effectively recently. On Monday (July 8), it announced
The UK has launched a multi-billion pound national wealth fund to power green invest and infrastructure development in an effort to grow the economy. So far £7.3bn in state funds has been allocated so investments can be made “immediately” in areas such as ports, manufacturing and renewable energy. The move is part of Labour’s plans
One hundred years ago on Thursday, Edward Leffler, a former door-to-door salesman of pots and pans, revolutionised financial markets. His invention, the open-ended mutual fund, allowed retail customers to buy into a diversified portfolio of stocks and be confident that they would get a fair value when they wanted their money back. Leffler’s innovation gave
Long-term US fund flows notched their seventh straight month of inflows in November, collectively raking in a net $80 billion. In a volatile month, investors appeared affected by rate-cutting expectations, as well as uncertainty around the artificial intelligence stock trade. Consistent with the past several months, flows favored taxable bonds, especially lower-risk areas within it,
Meanwhile, the United States continued to experience net withdrawals for the 12th consecutive quarter, though the total was slightly lower at USD 5.1 billion in the third quarter, compared with the restated USD 5.8 billion in the previous quarter. Flows into Asia ex-Japan rose to USD 902 million, up from a restated USD 811 million
The Fundsmith Equity fund is a favourite among investors and while regularly posting positive returns, it has underperformed the MSCI World Index over a five-year period. The portfolio, run by industry veteran Terry Smith, regularly ranks among the top equity funds on investment platforms. It posted a return of 12.4% in 2023 and is up
Is an index fund right for you? getty Even folks new to investing have probably heard someone mention index funds. But what are they and how do they work? This article explores index funds in detail to help you understand how they work, how they compare with other forms of investing, and whether they should
Is an index fund right for you? getty Even folks new to investing have probably heard someone mention index funds. But what are they and how do they work? This article explores index funds in detail to help you understand how they work, how they compare with other forms of investing, and whether they should
Ken Griffin is in a class of his own, headlining an up-and-down year for other hedge fund managers. Itwas an up and down year for the world’s top hedge fund investors, with markets seesawing amid war in eastern Europe, rising inflation and interest rate hikes. As a group, the 20 richest hedge fund billionaires on