For the world’s largest asset owners
June 3, 2024
Allocator Group Calls for Cash Hurdles in Hedge Fund Fees
A letter signed by 29 institutional investors calls for hedge funds to outperform cash before charging management fees. 
Allocator Group Calls for Cash Hurdles in Hedge Fund Fees
Institutional Investors Reaffirm Support for Climate Action 100+ Following Departures

Despite the exit of some major firms, asset managers representing $4.6 trillion say they remain committed to the initiative.

Institutional Investors Reaffirm Support for Climate Action 100+ Following Departures
POPULAR STORIES
New Mexico’s Sovereign Wealth Fund Brings New CIO Home From Hawaii
Cleveland Clinic Names Timothy Compan Interim CIO
As Oil Prices Surge, Iran Conflict Cools Investors’ Taste for Emerging Markets
Asset Manager Consolidation Continues as Structural Shifts Reshape Industry
Private Credit Solved an Asset-Liability Mismatch—Then Recreated It
Lawmakers Clash Over Tokenization as Congress Weighs Regulations
Ackman Firm’s Projected Market Cap Is $10 Billion

His Pershing Square plans a 2025 IPO, and recently sold a 10% stake worth $1 billion.

Ackman Firm’s Projected Market Cap Is $10 Billion
Pennsylvania PSERS Returns 8.62% in 2023
The fund also made over $760 million in commitments to managers.  
Pennsylvania PSERS Returns 8.62% in 2023
TRENDING: Mass PRIM Allocates More Than $2B to Credit Managers in New Commitments
The pensions board approved $3.5 billion in total commitments, and saw its assets grow to $104.2 billion. 
TRENDING: Mass PRIM Allocates More Than $2B to Credit Managers in New Commitments
TRENDING: Dimon Sounds Alarm on Private Credit—Sounds Like Junk Bonds, Circa 1990

JPM chief points out that these loans have not yet faced a real economic downturn, which high-yield did.

TRENDING: Dimon Sounds Alarm on Private Credit—Sounds Like Junk Bonds, Circa 1990
Editorial: CIOeditors@issmediasolutions.com
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