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.
Manager Selection
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.
AXA Presses Into US Market with New Group Chief
With the addition of a New York Life alum, the European asset manager has built out its US team to 160 staffers—with plans for more.
HF Managers Cautioned to Avoid Herd Mentality
Managers are intent on launching new products as growth slows, consulting firm EY says, but shouldn't rely on past performance alone.
Outsourced Investment is Uncontested and Unmeasured, says KPMG
A worrying trend has taken hold of UK outsourced investment/fiduciary management, the consulting firm has warned.
Aon Hewitt Brings Outsourcing to Pension-Risk Transfer
Fiduciary management is becoming the Next Big Thing for pension buyouts.
SSgA Names Lori Heinel Chief Portfolio Strategist
The ex-Oppenheimer executive brings 30 years of experience to the newly created role.
Bill Gross: Why I Left PIMCO
Janus Capital’s new portfolio manager explains his recent change of employer.
As Investors Yank Capital, PIMCO’s Total Return Outperforms
It might be a short-term blip, but performance has improved for PIMCO’s flagship as its leader fled.