Alts Managers: Who’s Up (Blackstone) and Who’s Down (Goldman)
An annual ranking of alternative firms’ assets under management reveals major shifts in the leader board—and the one asset almost no one wants.
Manager Selection
High Performance Fees ≠ High Performance
Research
has found high-fee hedge funds take on excessive risk facilitated by greater
leverage.
Has the ‘Big Switch’ in Outsourced Investment Begun?
A UK pension has changed its fiduciary manager after four years—will others follow?
Norway Outlines Staff Plan to Boost Real Estate Holdings
If you are a real estate expert and fancy a new challenge, now could be the time to act.
Investors Striking Closer Ties With Hedge Funds
More evidence is emerging of investors striking up bespoke partnerships with hedge funds.
Wilshire and Morningstar Creep into Manager Analytics
The consultancy firm and ratings agency have added new fund and manager analysis tools to their product rosters.
Big Funds are Not Beautiful, says Academic Study
If you want to keep outperforming, stay—or become—small.
KPMG: Asset Management Industry is Not Sustainable
The number of asset managers will halve by 2030 due to
demographic, behavioral, and technological changes, the consulting firm has said.
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.
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.