Hedge Funds’ Annus Horribilis
It didn’t pay to be skillful if you were a hedge fund manager in 2014.
Manager Selection
Private Equity Funds Face Fundraising Headwinds
Preqin’s data reveals evidence of a supply/demand imbalance in the unlisted sector.
As Hedge Funds Shutter, Industry Pay Falls Again
CIOs of $1 billion-plus hedge funds took home $233,000 less on average than last year.
Professionalizing the World’s Largest Pension
Japan’s giant pension fund is poised to improve its investment prospects with imminent reforms, an independent report says.
Amid Internal Clashes, San Diego Hunts for CIO
The public pension’s OCIO experiment with Salient Partners is reaching a tumultuous end.
A Public Pension Partnership: The Details
Local authority pensions in Lancashire and London announced an investment partnership last week; CIO found out more.
European Demand Helps Record Year for Unlisted Property
$50 billion in fresh capital has come into the private real estate sector this year, even as the asset class faces fiercer competition and rising prices.
Indices: Asset Management’s Golden Goose?
Following on the heels of LSE’s acquisition of Russell Investments, LGIMA has launched a US index fund business of its own.
How the World’s Largest SWF Gets the Best from Active Managers
Bespoke equally-weighted benchmarks are the way forward for active management, says the world’s biggest sovereign wealth fund.
Why Cautious Managers Have Short Careers
Highly loss-averse managers were likely to record worse risk-adjusted performance, often leading to termination, a study has found.
Dutch Pension Boosts Infrastructure with Portfolio Acquisition
APG’s new infrastructure portfolio is the latest deal structured as a partnership with an asset manager.
Soros Hands Gross $500M Vote of Confidence
Janus’ new hire has landed his biggest mandate since joining—and doubled his strategy’s assets.
Mercer Buys Fund Manager to Access Private Markets
The consultant and fund manager wants greater access to alternatives.
How Much Do You Trust Your Managers?
Asset owners were dissatisfied with fund reports and frequently lied to their managers about why they decided not to invest in their fund.
PIMCO Flagship Suffers Record Outflows Post-Gross
The Total Return Fund hemorrhaged $27.5 billion in withdrawals in October, an all-time record desertion.