San Francisco: Great for Hippies, Bad for Hedge Funds
The best and worst cities for hedge fund returns, according to original research of historical data from a boutique Boston management firm.
Manager Selection
The Polarization of Asset Management
Institutional investors need full-service mega-managers and niche boutique firms—but not much in the middle, a new survey says.
Transition Management Practices Out-of-Date, Industry Veteran Says
A whitepaper from Ross McLellan—who recently started a transition management consulting business following his departure from State Street—asserts that the industry practices have remained essentially unchanged for 15 years.
China’s SWF Finds Partners, Gets Direct
China Investment Corp. is taking a more active role in its foreign investments by forging partnerships with overseas third-party managers.
Are You Mispaying Your Manager?
From aiCIO Magazine's September Issue: Paula Vasan examines a new way of compensating external asset managers.
Public Pensions Question Efficacy of $8 Billion a Year in Fees to Wall Street
State public pension plans in the US spent $7.8 billion on management fees in 2011, and the premium that the plans are paying for active management may not be worth its price, a new report has claimed.
Outsourcing Gains Traction Despite Investor Uncertainty
As the debate rages over whether investor should consider fiduciary management, a new survey suggests that interest in pursuing it is growing.
Report: Firing Underperforming Managers Is Counterproductive
A report from consultancy Towers Watson illustrates how asset owners who are more inclined to fire underperforming managers would be better off riding it out.