Last week I was in New York meeting with clients. While the snow and freezing temperatures ensured there was a chill in the air, my bigger worry was the air of complacency among investors.
Like other stock markets around the world, the S&P 500 and Dow Jones were recording all-time highs. Meanwhile, the much followed VIX index has been showing stock market volatility at extremely low levels...
AUM growth of 19% in first half of 2018
Move to improve access to institutional managers without a retail fund
Launching fund end of 2018
Purchased for undisclosed sum