Costs, complexity, and capacity all cited as the US’ biggest pension scraps hedge funds completely.
Dutch-flavoured long-term mandates have found investors in
Research by Preqin shows a lack of alignment of interests through fee structures is a major barrier to private equity investment.
One trustee called the public pension’s contract with OCIO Salient Partners “exorbitant,” charging “outlier-type fees.”
Custodians are striding in to fund management as banks fade out of the sector.
active fund managers tend to outperform those who buy-and-hold in absolute returns, but researchers found that adjusting for risk reversed their results.
Want top-quality private real estate? Head to the coast.
eQ Asset Management, based in Helsinki, has won the mandate.
The mutual fund universe could begin to expand again from next year, according to Lipper.
Survival of the fittest? The number of hedge funds available
for investors to select is falling.