Manager Selection
Divorce & Hedge Funds: Research Backs Up the Myth
Investors have reason to walk when a manager splits up—and, a study shows, reason to run at the sound of wedding bells.
Consultants’ Next Battleground: Asia
Asian investors typically don’t use consultants, but their importance is growing in the region.
Scapegoats and Self-Interest: Why CIOs Pick the Wrong Managers
Expected future returns are way down the list when considering a new manager, academics have claimed.
Time Heals Performance Wounds (and Makes Investors Pay)
Improving fund performance might be an illusion, academics have found—and one that is being exploited by managers.
How to Beat the Market: Go Big, Active, and In-House
A major analysis of pension fund investment and returns has revealed three key aspects to outperformance. And, on average, you’re probably getting it right.
Closet Indexers’ Worst Enemy: Passive Assets
More assets and options in the truly indexed market create a hostile environment for managers that claim to be active—but aren’t.
Aon Beats Expectations for 7th Straight Quarter
OCIO and consulting business growth has fueled yet another better-than-expected round of earnings for Aon.
The Best Performing Hedge Fund of 2014 Was…
One hedge fund returned 225.21% last year—but which one was it?
Europe: Your Top Destination for Sustainable Investment
European equity managers have embraced ESG investing the most, research has found, while US asset owners are becoming more interested in responsible mandates.
How Skillful Is Your Hedge Fund Manager?
There are three identifiable skills that tend to lead to future outperformance, according to Novus.
The Downfall of a Boutique OCIO
Boutique OCIO provider FRC will wind down after being dropped by its only client.
After Hedge Funds, CalPERS Eyes Private Equity Cuts
The public pension plans to slash the number of managers it uses to reduce costs.
San Diego’s Bumpy Transition from OCIO
The public pension plan is attempting to nail down an investment policy framework as it prepares to welcome an internal CIO.
Hedge Funds’ Annus Horribilis
It didn’t pay to be skillful if you were a hedge fund manager in 2014.