New Jersey's Head of Alternatives Steps Down
The head of alternative investments at New Jersey’s $70 billion state pension system, Christine Pastore, has stepped down.
Asset Allocation
Preqin: Private Equity Investors Seek Partners
Limited partners are increasingly keen to co-Invest with private equity fund managers, according to a study by Preqin.
If not China, Japan?
Chinese production figures have come in lower than expected and markets are worried, but should investors be looking slightly further east instead?
Alternatives: America’s Most Wanted
Investors will be dumping underperforming traditional managers and embracing the alternative this year, consultants have said.
Investors Fear Inflation as Global Economy Stabilises
Inflation fears fuel risk taking, as investors see light at the end of the economic tunnel.
Is M&A Revival Key to Investor Success?
M&A could spell good returns for investors, but corporate confidence remains key.
What Are the Alpha Characteristics of Hedge Funds?
Hedge fund managers have historically generated excess, skill based returns (alpha) through active management, and a paper by UBS scrutinizes the value of security selection and market timing to understand the industry's risks and returns.
Is a ‘Great Rotation’ About to Hit Markets?
Whisper it softly, but investor confidence may be returning as equity markets find the most favour in almost 12 months.
Pensions Seek Private Markets, But Don’t Commit
Investors have lowered their holdings in equities and sovereign debt, increased allocation to credit and alternatives, not private markets – yet, bfinance has found.
Bumper Hedge Fund Launches as Performance Converges
Performance is down, but fund launches are up – hedge funds continue to find investor favour.
Mid-Sized Schemes Face Acute Challenges With Scarce Resources, Low Yields
Lack of resources is hampering medium-sized schemes from exploring de-risking options, Aon Hewitt's Mid-Market Pension Survey has found.
Large Funds Shun Outsourced Investment
Small pension investors are warming to outsourced or fiduciary management approaches, but refusing to relinquish final control; large investors are moving away entirely.
Beware of Money Market Fund Governance
There is more to choosing money market funds than many investors suspect and many are failing because of their narrow scope, experts have claimed.
Analysis: Asset Managers Suffer Slower Revenue Growth
The asset management industry suffered significantly slower revenue growth in 2011, while profitability remained stable, according to an analysis by Casey Quirk.
Paper: Three Cheers for Equities Long-Term
Given the return requirements of investors around the world, equities should remain a significant building block in an asset allocation program, Wellington Management concludes.