Family-office cowboys have new competition in niche seed investing: A $3 billion hospital fund.
The less transparent a hedge fund’s process, the more likely it is that investors are exposed to significant downside risk, research shows.
Almost £8 billion is now under the oversight of the collaborative venture.
A Lane Clark & Peacock survey found that asset managers who say they’re committed to environmental, social, and governance issues don’t necessarily behave accordingly.
Nuveen Investments and TIAA Investments will be unified under a defined contribution investment only business.
Manager selection boils down to the people—and three key traits, writes guest columnist Christopher Schelling, private equity chief for the Texas Municipal Retirement System.
When is big too big for pension plans? A Canadian think tank takes on the idea of mega-funds.
Tight budgets and small internal teams cause health and hospital systems to rely on outside consultants and OCIOs, according to Cerulli Associates.
The AQR founder argues there’s little benefit in timing factors as long as value spreads remain within normal historical ranges.
The world’s biggest asset manager has pushed out Legal & General and State Street.