Family office launches retail product

Iveagh, the Guinness family office, is seeking to market its brand to retail investors through the launch of a pooled fund.

The new fund, Iveagh Wealth, wants to generate returns of 9.5% a year by investing in a range of assets including hedge funds, private equity, commodities, equities, bonds and cash. It will invest almost entirely in listed securities. It will also draw on a quarterly asset allocation rebalancing to reduce risk exposures through the use of exchanged-traded funds and government bonds.

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Jamie Dimon Says Private Credit Is Dangerous—and He Wants JPMorgan to Get In on ItExternal link

Jamie Dimon Says Private Credit Is Dangerous—and He Wants JPMorgan to Get In on It