Two U.S. advisory firms have joined forces with one in Hong Kong, with an eye toward helping global-minded investors maximize their assets—and minimize their taxes.
The trend toward offering customizable indexes puts direct indexing on a track for explosive growth, according to new research from Cerulli Associates.
The combined entity, which will be named AS Birch Grove, manages approximately $5 billion in assets across an opportunistic hedge fund, private credit vehicles, and par credit and collateralized loan obligation vehicles.