Economic TimesLean R·
Global Market: Wellington, Vanguard, Blackstone launch hybrid public-private investment funds for wealthy clients
Wellington Management, Vanguard and Blackstone have launched two investment funds combining public and private market assets, aimed at high-net-worth and mass-affluent investors. The products, initially available through Bank of America and Merrill, reflect the industry's push to expand access to alternative investments beyond institutional clients.
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