Private equity

Many investors turn to publicly traded stocks as a source of growth and diversification. Public companies, however, represent less than 1% of all U.S. companies. The other 99% are privately held, and historically only accessible to large institutional investors. Investing in the equity of private U.S. middle market companies may provide an alternative source of income, growth and diversification.
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Business development companies

A prolonged period of low interest rates has made it difficult for investors to find investments that provide a high level of current income. At the same time, in the face of sweeping regulatory changes, many banks have reduced or eliminated lending to private U.S. middle market companies. Business development companies (BDCs) have emerged as both an alternative source of income and diversification for investors and a timely source of capital for private U.S. middle market companies.
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Comfortably insulated

Britain’s vote to exit from the European Union has caught markets wrong-footed. We saw firsthand the negative effects of the overhang of macro events earlier this year – China’s slowing growth, falling oil prices and Federal Reserve policy speculation.
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