Foundations Post Slashed Gains in 2014
Despite lower returns, nearly 60% of foundations increased their spending rates, according to Commonfund and the Council on Foundations.
Asset Allocation
Cash Gets More Expensive as Fed Hike Looms
Interest rates may still be at record lows, but that has not stopped some money market fund providers from inching up their charges.
China Seeks to Prop Up Equities with $94B from Pension Fund
The country’s authorities want its public pension to help support its ailing stock market.
How BlackRock Could Scare Investors Into Selling
Academics have found investors—in fear of fire sales—migrate from stocks owned by asset managing giants, resulting in negative returns and low liquidity.
Yale Hits Back at Endowment ‘Hoarding’ Accusations
A New York Times op-ed and writer Malcolm Gladwell have called out Yale for spending too much on managers, and not enough on students.
Silicon Valley Raises $75B in Venture Capital, Preqin Finds
Menlo Park, California’s Sequoia Capital and New Enterprise Associates topped the list of venture capital firms, with each raising more than $10 billion over the last decade.
Manager Fear Number One: China
China and emerging markets fall out of favour among asset allocators following a turbulent few months in equity markets.
Funds of Hedge Funds Fight Back
Don’t look now, but funds of hedge funds just outperformed their single manager rivals.
How Beta Strategies Can Move Markets
Research Affiliates delves into why some smart beta concepts have a higher impact on their corresponding indexes than others.
Why Your Kids Won’t Know What ‘ESG’ Means
Generations X and Y take including environmental, social, and governance investment issues as read, according to data analysts.
The Benchmark Causing Headaches for High Yield Investors
Indexes focused on downgraded emerging market corporates could cause high yield bond investors problems, a manager has warned.
Private Debt Funds Awash with Cash, Not Opportunities
More private debt fund managers are open to co-investment with institutions as competition in the sector increases.
Investors Underestimating China Risk, Manager Warns
China’s summer market crash didn’t provide a sufficient reality check, asset manager NNIP claims.
London Pension Rejects Divestment Demand
The UK capital’s government wants its biggest fund to exit fossil fuels—but the pension is sticking to its existing policy.
Distressed PE 'Likely to Outperform Consistently'
Nearly half of distressed private equity funds performing in the top quartile went on to repeat that success in a subsequent fund.