With more than $9 billion in asset manager M&As already underway in 2016, consolidation has become—pun intended—quite a big deal.
Hedge funds that fail to hedge against investor withdrawals generate the worst performance, a study finds.
The average executive earned a base salary of $455,285, while the best paid took home upwards of $1 million after bonuses.
Newly launched funds earned higher net returns than existing managers over every vintage year but one from 2000 to 2012, Preqin has found.
Ultra-low interest rates are placing more emphasis on asset classes that insurance companies cannot manage in-house, surveys show.
The continued swing towards passive investment strategies will see more deals emerge along the lines of Janus-Henderson, Moody’s and Fitch say.
Hedge funds negotiate the fewest side letters with corporate pensions and non-profit institutions, according to law firm Seward & Kissel.
A long track record doesn’t necessarily guarantee good performance, according to research.
Managers are increasingly offering hurdle rates, sliding fees, “clawbacks,” and discounts, according to an AIMA survey.
Family offices join other institutional investors in retreating from the much-maligned investment vehicle.