Institutional investors complain about not finding the right opportunities, terms and possible partners, particularly when investing in private equity, real estate, infrastructure and hedge fund deals.
Where some markets remain “complex, opaque and illiquid," active management can play a bigger role, Greenwich says.
Climate change is a top consideration for 41% of colleges and universities surveyed.
The MSCI index will exclude companies that have violated international standards on human rights, environmental and controversial weapons.
Speculators consider soaring Dow and possible recession.
China shows highest growth at 20.3% in enterprise annuity assets.
Guy Hands to run businesses with his wife and family.
Maximizing factor-investing returns only over the long-term can put CIOs at risk of being fired over short-term performance, Research Affiliates argues.
Average actuarial assumed rates of return remained stagnant at 7.5% last year despite two-fifths of pensions lowering expectations.
Viewing assets over long time horizons makes what short-term investors classify as beta look more like alpha.