Investors Embrace Outsourcing—If Not OCIO
A quarter of institutional investors are already outsourcing to some extent, and that number will only grow, according to Natixis Global Asset Management.
Manager Selection
Consultants vs. Smart Beta
Railpen’s Chairman John Chilman on the case for “alternative risk premia.”
‘Scrutinize Hedge Funds Now,’ Endowments Told
Investors must ensure they are holding the right funds for their needs, says Mercer.
The RFP From Hell
Will firms work harder for the money? A mammoth, all-custom, boilerplate-answers-banned solicitation out of Orange County’s pension bets yes.
Insourcing: Not All About Scale
Asset owners managing bonds and equities themselves say it's simpler—and more achievable—than many might imagine.
AIMCo Buys Stake in Alt Credit Specialist
The Canadian sovereign fund has taken a minority ownership stake in DFG Investment Advisers, one of its asset managers.
The ‘Myth’ of Small-Cap Alpha
Assumptions of market inefficiency fall flat as active managers crowd the small-cap space, according to Aon Hewitt.
Why Investors Should Hire a Chief Networking Officer
Cooperation, collaboration, and trust among peer investors are key to creative co-investment opportunities, academics have argued.
Majority of Hedge Funds Are Contrarian, Study Finds
The funds benefit from managers' “superior stock-picking ability,” outperforming their benchmarks by 2.4%.
After Two Years of Upheaval, PIMCO’s Path to Recovery
With assets flowing into the Total Return Fund for the first time in two years, things might finally be looking up for PIMCO—even as bond funds struggle as a whole.
Hedge Fund Flows Collapse in 2015
Demand for credit strategies “evaporated” in the second half the year—but asset owners are still forecast to put new money to work in the sector.
Hedge Fund Herding, and How to End It
Too much focus on outperforming peers is causing misalignment between hedge funds and investors, argues Novus Partners.
European Pensions Refocus on Property
Continental institutions’ interest in real assets shows no signs of abating.
Does Your Benchmark Choice Matter?
Market capitalization, equal weighted, dividend weighted—one study claims this is not an important decision.
Profs vs Quants: Who’s the Better Investor?
Finance and economic academics have surprisingly strong track records, according to a Morningstar columnist.