Funds-of-Funds Hang on With E&Fs
Nearly all family offices, however, insist on investing directly.
Asset Allocation
Investors Sweet on ETFs, Smart Beta Indexes
The liquid vehicles are earning high satisfaction rates and bigger slices of institutional portfolios.
UK Infrastructure Collaboration (Finally) Comes to Market
After a troubled start, the Pensions Infrastructure Platform has launched its first mainstream strategy for UK investors.
Why Swensen, Buffett Preach Passive—But Bank on Active
In the words of Morningstar’s VP of research, “What gives?”
How To Fix the Endowment Model
A 100% liquid portfolio could outperform the Yale model over the next 10 years, predict Hewlett-Packard’s Gretchen Tai and Atlas Capital Management’s Ken Frier.
What ‘Brexit’ Means for Real Assets
An extended period of disruption could hamper those seeking to invest in one of the world’s largest property and infrastructure markets.
Investors Still Betting on Hedge Funds in 2016
Even after a year of middling returns, nearly half of surveyed asset owners plan to grow their allocations, Deutsche Bank has found.
Bain: PE Investors Should ‘Temper’ Their Expectations
A maturing industry combined with possible recession could lead to a convergence of private equity and public market returns, according to Bain & Company.
The True Cost of Smart Beta
New forms of passive investing haven’t brought down costs—in fact, some providers may be charging a premium for their “innovation,” Morningstar says.
Are You Paying Too Much for Your Property Exposure?
Willis Towers Watson research claims the amortization pricing method can mean investors pay more than double what they should.
Dry Powder Stacks Up in Distressed Debt
With 2016 projected to be a strong year for fundraising, managers are under pressure to make use of the record levels of cash already at their disposal.
Asset Managers Declare: No Recession
Indicators point to a rough year ahead, but investors shouldn’t expect the end of the world, according to a number of asset managers.
Don't Count Out the Low-Volatility Factor
The strategy’s alpha cannot be “dismissed as another manifestation of the value effect,” says Robeco Asset Management’s top quant.
Private Equity’s Valuation Conundrum
Valuations are still a concern for GPs but managers expect to put more of their dry powder to work in 2016.
Doing Private Equity in Public Markets
Returns before fees from PE-style stocks beat the real thing in a Harvard study—but expect a wild ride.