SUBSCRIBERS
Fund managers' opaque practices give retirees the short end
Published Sun, Jun 14, 2015 · 09:50 PM
New York
WHO comes first: the investors or the person who manages their money?
That question is crucial for any investor. But it poses a special challenge for retired US firefighters, police officers, teachers and other employees who may not know that their retirement money is being held in private equity funds.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Banking & Finance
Nomura, Mizuho face losses on All Blue fund’s failed trades
Stablecoin Tether steps up monitoring in bid to combat illicit finance
HSBC asked by US$890 billion investor group to set energy goal
Barclays is the latest firm to face anti-ESG wrath in Oklahoma
Barclays prices mortgage-backed notes in deal with GoldenTree
TD risks an earnings hit from US laundering probe, analysts say