New Mexico CIO: Don’t ‘Pander’ to Asset Managers
Investment chief Jon Grabel says public pensions should continue to be wary of investment terms that overly benefit general partners.
Manager Selection
Funds-of-Funds Top Pick for Pensions in Private Equity
More than two-thirds of North American public and private sector pensions choose funds-of-funds for private equity exposures, Preqin has found.
Another Trillion Dollars for Private Equity
Dry powder levels won’t diminish anytime soon, Deloitte warns.
Why Asset Manager Reputation Matters
Strong brand awareness could mean increased inflows, eVestment argues, but could also lead to heightened negative bias.
Hedge Funds Crowding Out Liquidity
As more managers make the same investments, the industry as a whole can become increasingly illiquid, according to Novus.
Managers Brace for ‘Summer of Shocks’
Concerns about China, Brexit, and changes to monetary policy are driving asset managers more cautious.
Harvard Endowment Downsizes In-House Equities Team
The $37.6 billion fund has cut a number of positions from the public equity group in favor of hiring external managers.
Hedge Funds Top Choice for Factor Exposures
Investors are increasingly adopting factor-based strategies, with hedge funds as their preferred vehicle.
Private Equity’s ‘Strange and Volatile’ Quarter
With earnings results down for Blackstone, KKR, Carlyle, and Apollo, will negative private equity returns follow?
Hire and Fire: How to Boost Performance
Research into private equity has challenged assumptions about how “stable” fund management teams need to be.
Is Your Asset Manager Telling the Truth?
The “prickly relationship” between consultants and managers worsens alongside the reliability of reported data, according to research.
New Zealand SWF Axes Eight Private Equity Funds
CalPERS isn’t the only asset owner culling its roster on a mission to simplify.
Is Your OCIO Provider Doing a Good Job?
Determining an OCIO provider’s “success” is tricky business, Russell Investments argues.
Smart Beta Indexes Fall Short of Factor Investing
Research shows popular smart beta indexes fail to fully capture factor exposures.
E&Fs Warm to Impact Investing
A poll of endowments and foundations found impact investors are motivated by strong returns and mission alignment.