Phoenix cuts minimum investment to $500

Phoenix Investment Partners, the $60bn (€53bn) US asset manager, has unveiled two new funds designed to give clients with as little as $500 to invest access to hedge funds.

The $500 minimum investment in the Phoenix select wealth builder and wealth guardian funds is far lower than the $1m set by most funds with exposure to long/short techniques.

WSJ Logo
Pro Bono or Pro Nono? Law Firms Split on Fulfilling Deals With TrumpExternal link

Pro Bono or Pro Nono? Law Firms Split on Fulfilling Deals With Trump