In addition to attracting clients from the traditional sectors including buyout, infrastructure, energy, real estate, and debt funds we have experienced significant growth in hybrid funds
, co-investment funds, and managed accounts," said Steven Millner, Gen II Managing Principal.
Mutual Fund Retirement Assets by Type of Account and Fund: Q4 2013 Equity Total Domestic Foreign Hybrid (1) Retirement accounts $3,761 $2,885 $876 $1,437 IRAs 1,637 1,244 393 627 DC plans 2,124 1,641 483 809 401(k) plans 1,584 1,197 387 670 403(b) plans 309 271 38 76 457 plans 69 54 15 16 Other DC plans (2) 162 119 43 47 VA mutual funds (outside 778 601 177 140 of retirement accounts) (3) Total 4,539 3,486 1,054 1,577 Bond Money Total marketw Retirement accounts $893 $379 $6,470 IRAs 465 230 2,959 DC plans 427 149 3,511 401(k) plans 307 98 2,659 403(b) plans 36 21 442 457 plans 15 1 101 Other DC plans (2) 70 29 308 VA mutual funds (outside 300 24 1,241 of retirement accounts) (3) Total 1,192 403 7,711 (1) Hybrid funds
invest in a mix of equities and fixed-income securities.
A group of mutual fund performance indices throughout 5 categories equity funds, ELSS, debt funds, money market funds and hybrid funds
have been introduced by the CRISIL and AMFI together.
With the year coming to a close, we listed equity and equity- oriented hybrid funds
launched before 2000 and then narrowed the list to funds that have given 15 per cent or more annual returns since launch.
On Hybrid funds
, Rego says, one can use a combination of Balanced Funds (Reliance RSF Balanced / HDFC Prudence); Balanced Dymanic PE (FT India Dynamic PE Fund); and Multiasset (Axis Triple Advantage).
Karen focuses on the organization and operation of a wide range of private investment funds, including buyout funds, distressed, mezzanine and other debt funds, infrastructure funds, real estate funds, venture and growth capital funds, co-investment funds, hybrid funds
and hedge funds.
Referring to the selection of Northern Trust, Rufus Warner ECP LLP's Chief Executive, said, "In selecting a fund administrator we were specifically looking for proven expertise in administering a range of hybrid funds
They note, however, that private equity includes such functions as "funds of funds," hybrid funds
and secondary funds, and that savvy job seekers understand the hiring processes and career paths for each.
TOP 5 DOMESTIC HYBRID FUNDS
Fund Name (Ticker) Year-to-date 1-Year Total Return(*) Total Return Smith Barney Security Growth (SAFEX) 22.
investment managers of hedge funds, private equity funds, hybrid funds
and fund of funds in all aspects of their business.
upgrades include new features to support additional management fee customizations for hybrid funds
Debt hybrid funds
, on the other hand, invest a minimum 75 per cent of the funds in debt, and the remaining in equity.