Corner Office The Business of Investing
With bleak fundraising prospects in the U.S. and Europe, managers are tripping over themselves to reach sovereign wealth funds.
Over the coming decades, about a thousand billionaires will pass on an estimated $5.2 trillion and the inheritors have their own plans for those assets.
Bob Elliott wants to offer ETFs that replicate the return streams of hedge funds and other alternatives to both pensions and individuals who can’t justify paying 2 and 20.
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