All articles tagged with #investment funds
Andreessen Horowitz raised over $15 billion for new funds, marking a significant boost in U.S. venture capital amid a recent slowdown in fundraising, with the firm emphasizing the importance of pro-tech policies for America's global leadership.
Texas has removed BlackRock from its blacklist of companies barred from state investments, following the asset manager's rollback of certain climate policies and distancing from ESG initiatives, marking a shift in the state's stance on environmental issues and investment strategies.
BlackRock Inc. reported a record $10.5 trillion in client assets, with $76 billion in net inflows in the first quarter, including $67 billion to ETFs and $42 billion to fixed-income funds.
US investment funds have withdrawn $13.3 billion from BlackRock as part of a campaign against the company's environmental, social, and governance (ESG) practices. This move reflects growing investor concern over ESG issues and signals a shift towards more socially responsible investment strategies.
The surge in tech stocks in 2023, driven by the growth of artificial intelligence, has led to a potential investment opportunity in the Gabelli Equity Trust (GAB), a closed-end fund offering an 11.7% dividend yield. With the S&P 500 still below its all-time high and tech stocks showing potential for further growth, investors may consider swapping their index funds for GAB to capitalize on higher dividend returns and potential gains in net asset value.
The world's top investment funds are shifting their assets into commodities, cash, and real estate to hedge against anticipated drops in bond yields, with a record 91% of fund managers expecting short-term interest rates to decrease over the next 12 months. This movement away from bonds, banks, and insurance companies is driven by bullish sentiment on interest rate cuts, leading to increased investments in real estate and cash, while also predicting technology and biotech companies to benefit from falling interest rates. Additionally, investment funds remain overweight on bonds and the U.S. economy, while being underweight on the U.K. and eurozone economies.
The article discusses two recession-resilient income picks for retirement portfolios, focusing on BlackRock Resources & Commodities Strategy Trust (BCX) and BlackRock Energy and Resources Trust (BGR). BCX invests in commodity sectors, particularly energy, mining, and agriculture, while BGR focuses on large integrated energy companies. Both funds offer stable dividends and are currently trading at discounts to their net asset values. The author emphasizes the benefits of owning investments exposed to commodities and the energy sector, highlighting their potential for generating income and being recession-resistant.
The Securities and Exchange Commission (SEC) has adopted amendments to the Investment Company Act "Names Rule" to prevent misleading or deceptive investment fund names. The amendments require funds with names suggesting a particular investment focus to adopt an 80 percent investment policy, review their portfolio assets quarterly, and comply with enhanced prospectus disclosure requirements. The amendments also introduce additional reporting and recordkeeping requirements. The new rules aim to align a fund's portfolio with its name, promote fund integrity, and protect investors. The amendments will become effective 60 days after publication in the Federal Register, with compliance deadlines ranging from 24 to 30 months depending on the fund's net assets.
Investors often underperform the exact same mutual funds or exchange-traded funds they own due to poor timing decisions, expenses, and taxes. Morningstar's "Mind the Gap" study found that investors earned an average of 6% annually over a 10-year period, while the funds themselves generated an average gain of 7.7%. The study highlights the importance of understanding that reported fund returns may not reflect actual investor returns, as timing mistakes and other factors can significantly impact results. To improve performance, investors should avoid chasing rallies, automate tasks like rebalancing, consider more diversified funds, and adopt a long-term buy-and-hold approach.