Wealth advisers made more than $2bn from private capital fees
FT analysis of 16 funds shows extent of fees paid to banks and brokerages
Related reading
Wealth managers gear up to put UK savings into private assets
Talks with private capital firms have focused on operational hurdles for retail customers
Banks charged sharply different fees for access to Anthropic investment
Disparate pricing raises prospect of investors earning unequal returns in the same deal on the basis of who their banker is
Elite bank Coutts increases fees for its least wealthy customers
Clients with less than £500,000 in assets will be charged £100 a month from June
Banks’ asset growth outstripped by non-traditional institutions’
Private credit groups, hedge funds and other institutions account for more than half of global financial assets
Separating the signal from the noise in private credit
What matters most is how capital was deployed and underwritten
There is method in the market’s madness
But it relies on a host of rosy assumptions going in investors’ favour