The acquisition will add $18 billion to Goldman Sachs Asset Management’s funds under advisement.
High correlations and low dispersions of stocks have caused today’s environment for poor hedge fund performance, according to analytics firm Novus.
With a transformation of the $90 billion fund's team nearly complete, a remaining senior role has opened up.
Despite “excellent” performance, trustees want greater transparency on how much they are paying.
America’s largest pension has reduced expenses by $90 million over five years.
Two academics have hit back after their popular measurement for active management came under scrutiny.
The city’s five pension funds are to change their “heads or tails, Wall Street wins” approach to investment, according to the comptroller.
Active managers suffered more than usual last year—S&P Dow Jones investigated why.
According to the Janus portfolio manager, he also previously “looked good in short shorts.”
Asset inflows and investment returns in the region are outstripping global peers.