Profs vs Quants: Who’s the Better Investor?
Finance and economic academics have surprisingly strong track records, according to a Morningstar columnist.
Manager Selection
Silicon Valley Icon, NBA Team Owner to Lead UC Venture Fund
Vivek Ranadivé—founder of $4.3 billion TIBCO Software—will juggle Sacramento Kings ownership duties with heading the University of California’s new innovation fund.
Private Equity LPs Pay $2B a Year for 'Miscellaneous'
Researchers estimate transaction, monitoring, and other fees made up 4% of revenue over 20 years—and investors may not have tracked them.
Collaboration: Come Together or Go It Alone?
Could pooled assets catch on with the UK’s corporate pensions as they have with public funds?
The Paradox of Hedge Fund Activism
Activist investors can focus too hard on short-term performance, to the detriment of long-term value.
Public Pensions Pool £6.5B in Passive, Smart Beta Mandates
The latest UK public pension collaboration claims to be saving more than 50% in management fees.
Active ETFs See Record Inflows
The ballooning asset class attracted $8.9 billion in the first ten months of 2015.
CalPERS: $3.4B Fees, $24B Gains from Private Equity
The $300 billion public pension plan has released private equity performance fees for the period since 1990.
London Pensions Confirm First Pooled Fund Launch
The 33 local authorities could combine as much as £6 billion by the end of March 2016.
Is It Too Late for Institutions To Be Contrarian?
Investors are plagued with an organizational behavioral bias problem, despite predictable factor returns, Research Affiliates has argued.
A Five-Year Plan For Asset Managers
Asset managers will need to overcome challenges such as changing client demand and increasing regulatory pressures for the industry to continue to grow, according to McKinsey.
Winning OCIO, One 401(k) at a Time
The survivors and innovators of the OCIO game are eyeing the next big thing: defined contribution plans.
CalPERS Unloads $3B in Real Estate
The sale is part of the $300 billion pension’s plan to cut its number of third-party managers in half.
Private Equity: Co-investing vs Commingled
PE managers are becoming more open to co-investments as evidence indicates superior returns.
AUM Growth Is Hedge Funds' #1 Goal
Managers have internalized investors' well-documented size bias, EY research shows.