While the economic outlook is seen as dismal among US money management executives, 61% of respondents surveyed by KPMG are looking to add to their firms' headcount over the next year.
The California Public Employees' Retirement System (CalPERS) has approved a new program for emerging real estate managers who have less than $1 billion of assets under management.
According to a report by consultant McKinsey & Co, global ETF assets under management are expected to grow to as much as $4.7 trillion by the end of 2015.
Among institutional master trusts in the Wilshire Trust Universe Comparison Service, corporate funds earned the spot as top performer for the second quarter, while public funds ranked No. 1 for the year.
According to Cambridge Associates, investors may want to move away from the traditional approach of allocating primarily to long-only equities, with just a modest allocation to other strategies like real estate and private equity.