Institutional investors need full-service mega-managers and niche boutique firms—but not much in the middle, a new survey says.
A whitepaper from Ross McLellan—who recently started a transition management consulting business following his departure from State Street—asserts that the industry practices have remained essentially unchanged for 15 years.
China Investment Corp. is taking a more active role in its foreign investments by forging partnerships with overseas third-party managers.
From aiCIO Magazine's September Issue: Paula Vasan examines a new way of compensating external asset managers.
State public pension plans in the US spent $7.8 billion on management fees in 2011, and the premium that the plans are paying for active management may not be worth its price, a new report has claimed.
As the debate rages over whether investor should consider fiduciary management, a new survey suggests that interest in pursuing it is growing.
A report from consultancy Towers Watson illustrates how asset owners who are more inclined to fire underperforming managers would be better off riding it out.