Blackstone Inc. (NYSE:BX) is the largest alternative asset management company in the world, with nearly $1 trillion in total assets under management as of Sept. 30. The financial institution has several multifaceted funds designed to offer diversification benefits to investors. However, not all of Balckstone's funds have been a pinnacle of success. Its Diversified Multi-Strategy fund lost over 90% in value over the past four years until mid-November, causing Blackstone to shut the fund by the en
After a bumper November for investors, 2023 appears to be delivering a healthy bounce from last year’s disappointment. The MSCI World index, which captures the performance of global stocks, has risen by more than 10pc over 12 months. The S&P 500 has done twice as well, up by around a fifth since the turn of the year.
Railpen has unveiled an investment framework to provide pension scheme investors with the means to assess whether they have the capacity to invest in illiquid assets.