Hedge Funds Off to Slowest Annual Start Since 2008
Long/short equities strategies remain favorites among investors as 2014 gets underway, according to Preqin.
Manager Selection
Japan’s GPIF Appoints Smart Beta Managers
The $1.3 trillion fund has shaken up its equities management amid pressure to obtain higher returns.
Nine Equity Mandates Awarded from France’s Biggest Public Pension
Fonds de Réserve des Restraites has appointed small and mid-cap managers for European mandates worth €800 million.
Private Equity: Back with a Bang
Fundraising is up, but not everyone is managing to secure the capital.
University of New Orleans Outsources Endowment
Northern Trust has won the mandate to manage the University of New Orleans Foundation’s portfolio.
What Bribery Investigation? Market Shrugs Off Och-Ziff Revelation
News of subpoenas from the SEC and Justice Department has made little lasting difference in the firm’s share price.
Northern Trust’s Transitions Business Grows 50%
Four of the firm’s major competitors have dropped out of the industry in the last 10 months.
Icahn, Aon, 27 Others Appear on Pension Enemy List
The American Federation of Teachers is urging defined benefit plans to avoid investing with managers it says are linked to anti-pension groups.
401(k) Plans’ Pervasive Problem of Excess Fees
Half of plans offer a menu item that “no reasonable investor would select,” according to Yale and University of Virginia researchers.
BlackRock Loses, Replaces Two Division Chiefs
For the second time in a year, the world's largest asset manager has named a new head of UK defined contribution.
Towers Watson Shakes Up Investment Practice
The global consulting firm announces a new leader in Europe and a deeper look into equity manager skill.
How—and How Not—to Start an Asset Management Firm
Institutional quality is not optional and not cheap, according to boutique managers’ lessons for start-up shops.
Sales Slump Pushes PIMCO from Top 25 in Europe
Bond market outflows or poor flagship fund performance—PIMCO falls out of favour in Europe.
Illinois Pension Plan Fights Back on Management Fees
The largest
of Illinois’ five pension plans has allocated more assets to outside managers
while pursuing a “recapture” program.
OCIO Analysis: Leaders and Laggards
An analysis of the aiCIO Outsourced-CIO Buyer’s Guide
reveals who’s up, who’s down —and who’s shying away from revealing the full
scope of their business.