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.
Manager Selection
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.
Are Equity Indices Becoming More Alike?
Research carried out by Norges Bank has found two of the best known global equity benchmarks are converging in terms of risks and rewards.
Infographic: 2013 Periodic Table of Hedge Fund Returns
The ever-popular infographic of hedge fund strategy returns has been updated with full 2013 performance. Who’s on top, and who missed the mark? Find out…
Mohamed El-Erian Resigns from PIMCO
PIMCO Founder Bill Gross is set to lose his CEO and protégé as of mid-March.
The Difference between the Best and Worst Hedge Funds? Less than You Think
Top hedge funds are only outperforming the worst ones by 21.5%, according to data from HFR.
Women-led Hedge Funds Beat Out Male Peers, Again
In the last six-and-a-half years, an index of female-run funds has gained 6% annualized—710 basis points above the industry as a whole.
Ownership Equals Performance, Asset Management Study Finds
A consulting firm has found establishing an early structure of employee ownership could be crucial in defining success at an asset management firm.
Cardano’s Book Jumps 25% with Client Win
The Anglo-Dutch firm’s asset pile is steadily growing.