Consultants (and Asset Owners): This Is Why You’re Not Innovating
Investors and consultants need to innovate their relationship first, according to research.
Manager Selection
NJ Pension Defends $600M in Alts Fees
“Would you pay $334 to make an additional $1,800?” New Jersey's pension chair asked a senate oversight panel, under pressure over fee spend.
Breaking the 'Optical Illusion' of Asset Management’s Gender Biases
The key to addressing the gender imbalance is disrupting stereotypes to bring about a cultural shift in the industry, according to State Street.
When Are High Management Fees Worth It?
Investors were more likely to pay higher fees when they were accompanied with strong past performance and concentrated portfolios, according to eVestment.
Blackstone Loses Crown as World’s Largest Real Estate Manager
As in other alts sectors, the big are getting bigger in real estate.
Northern Trust Spins Off Entire Alts Operation
Renamed 50 South Capital Advisors, the funds-of-funds and alts OCIO will stay wholly owned by its parent company.
How HF Managers Are Wasting Alpha
But most managers may not even be aware of exactly how much alpha they’re losing, according to Novus.
Top Managers Monopolizing HF Assets, Preqin Finds
Some 11% of hedge fund managers command an overwhelming 92% of total industry capital.
Skin In the Game, No Longer
A list of six funds whose managers have pulled their entire $1M+ personal investments.
CalPERS, QIC Forge A$1B Infra Partnership
The deal marks the first major real asset investment since CalPERS hired its new sector chief Paul Mouchakkaa to replace now-CIO Ted Eliopoulos.
Tiger Global Loses Execs, Again
In addition to losing two more key investment personnel, the $20 billion firm will also merge two of its public equity funds.
Consultants Combine to Combat ‘Conflicts of Interest’
Two investment consultants that stayed out of the OCIO game have joined forces in the UK.
What Makes Managers Pile on More Risk?
Performance-linked compensation schemes, according to a study of 2,500 individual funds.
Scandals, Bans Fail to Slow Placement Agent Boom
Nearly 75% of private equity funds in 2011 relied on allocator-manager matchmakers, according to research.
Tiger Grandcub JAT Capital to Return Money, Close Down
After a volatile eight-year run, the $1.7 billion hedge fund will become a family office.