Voya Chief on Shareholders, Clients, and Strategy Post-ING
Going public shouldn’t be a default move for asset managers, according to investment management CEO Jeffrey Becker.
Manager Selection
UK Public Pensions Put Active Managers Under the Microscope
Four pensions have employed a performance analysis service despite facing an enforced passive switch.
JP Morgan's US Pension Team Quits for Boutique
The team has joined an established set of institutional
investors at the new firm.
‘Ironclad’ Ban on Placement Agents for NYC Pensions
A full prohibition of the allocator-manager matchmakers was long overdue, said the city’s Comptroller.
Railpen Eyes Additions to Private Equity Portfolio
The UK pension manager is mulling additions to its alternatives allocation “outside the traditional fund model”.
Hedge Fund Assets to Hit $5.8T by 2018
Assets run by hedge funds could double but the biggest players are continuing to dominate.
Small Hedge Funds Face ‘Extinction’ over Fees and Regulation
The hedge fund industry is becoming more concentrated as billion-plus
strategies absorb assets.
Pensions Appoint First Custodian by Committee
The first-ever custody contract awarded through the UK's local pension organization is expected to save three schemes up to £1.5 million.
Allianz Earnings Plummet on PIMCO Decline
The parent company’s profits for the division have fallen nearly 30% since last year.
Multi-Manager v. Multi-Strategy: The Hedge Fund Debate
High fees
and employee turnovers of multi-manager hedge funds may overpower their benefits, Cambridge Associates has found.
Asset Boom in Asia, but No Pay Day for Managers
A move to bring investment capabilities in-house could mean managers miss out on growing assets.
Sac. County Partners with Pantheon on Secondaries Play
CIO Scott Chan foresees a glut of infrastructure assets arriving to market, and has a plan to capitalize on it.
Which Active Managers Actually Outperform Benchmarks?
Cambridge
Associates found all active managers are not created—nor perform—equally.
PPF to Squeeze Consulting Fees
One of the UK’s largest pensions is scaling back the percentage of spend it is allocating to consulting firms.
NYC Pensions Plan to Bankroll More Emerging Managers
The proposed $1 billion allocation to unestablished hedge funds and bond managers would bring the program's total size to $14 billion.