So-called liquid alts — which encompass everything from hedge funds to real estate, private debt and equity and infrastructure — are taking off
Algonquin Capital Corp. is wading into the nascent market for liquid alternatives in Canada, launching a hedge fund-like mutual fund that’s available to retail investors.
as investors chase higher yields outside those offered by traditional bonds. Investments have reached about US$882 billion, including about $47 billion in exchange traded funds, according to Greenwich Associates. Algonquin’s fund has no performance fee. The first $50 million in investments will pay a 50-basis point management fee and after that the fund will charge 95 basis points.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Winter weather escalates across Canada as army sent to help NewfoundlandWinter weather has escalated across Canada as the federal government agreed to send help to Newfoundland following record-breaking snowfall.
Read more »
Royal deal clears way for Harry, Meghan part-time Canada move: expertsExprts say the deal is exactly what Harry and Meghan asked for and green lights their plan to lead more private lives
Read more »
Canada keeps up pressure amid signs Iran won’t turn over plane’s black boxesForeign Affairs Minister François-Philippe Champagne wrote Sunday to his Iranian counterpart to stress Canada’s view that the black boxes should be sent quickly for analysis by experts in either France or Ukraine
Read more »
Canada urges Iran to send black boxes out of country for analysisCanada is keeping up the pressure on Iran to involve outside experts in the investigation into the downed Ukrainian jetliner, amid signs that Iran is balking at turning over the flight data recorders.
Read more »
Skate Canada to wait on final decision for world championship team - TSN.caIce dancers Piper Gilles and Paul Poirier headline the Canadian team that will compete at this year's world figure skating world championships, but Skate Canada is waiting until next month to make a final decision on several of their teammates.
Read more »