The fees with Blackstone Group's nontraded fund of hedge funds make 2 and 20 not so bad. Are the returns strong enough to justify the stiff cost structure?
Fund comes with no sales load but 12(b)-1 fee, performance fee and expense ratio.
The BlackRock Global Long/Short Equity Fund is a computer nerd's dream and, with its ability to zig when the rest of the market zags, a potentially valuable addition to a portfolio.
Contrafund manager tops S&P 500 (and his peers) over just about every time period.
Supercomputer can sort through vast amounts of information, giving advisers more time with clients.
Fees eliminated altogether for large accounts as part of a rebranding of the funds to make them more attractive to advisers.
After struggling for years in the wake of the 2008 financial crisis, Improved performance and a rising tide is helping American Funds reverse years of outflows.
Index champ has $652 billion in actively managed mutual funds.
Goldman Sachs Asset Management is giving its fixed-income alternatives fund lineup a boost by converting its nontraded Credit Strategies Fund into a new liquid-alternatives-bond fund. Goldman plans to fold the $448 million fund, which offers only limited, quarterly share repurchases, into the yet-to-be launched open-end Goldman Sachs Long Short Credit Strategies Fund, pending shareholder approval, according to a filing with the Securities and Exchange Commission.
