Headlines

New York Life Selects New CIO

Tony Malloy has succeeded John Kim who was elected as the insurer’s president last year.

Headlines

Why Long-Term Investors Love Beta

Viewing assets over long time horizons makes what short-term investors classify as beta look more like alpha.

Headlines

The Case for (Some) Hedge Funds

Only a small percentage of the world’s 11,000 hedge funds merit institutional capital, says Cambridge Associates—but the few good ones still bring “real value.”