Boutiques Struggle under Regulatory Pressures
Will regulation leave investors with only the big boys to choose from?
Manager Selection
Questioning the Efficiency of PE Secondary Buyouts
Private equity SBOs are becoming popular exit strategies although they generate lower returns than PBOs.
Study: Consultant Recommended Funds Gain Assets, Not Alpha
US active equity funds on consultants’ shortlists performed no better than average, but consultants’ recommendations focused on more than past returns.
Alaska Permanent Launches Private External-CIO Program
The sovereign fund has committed up to $750 million to the Carlyle Group—with more allocations to follow.
SEI: Private Equity in a 'Rut' Since 2008
Based on a survey of managers, asset owners, and consultants, SEI has some advice for private equity funds on staying competitive in the still shaky sector.
Qatar Investment Authority Tools Up with Banker Hires
The Gulf state sovereign wealth fund is keen to emulate larger peers such as the Abu Dhabi Investment Authority.
Hedge Funds: More Diverse Than you Thought?
Is your hedge fund underperforming? Commonfund says there’s diversification value even when these managers are not shooting the lights out.
Top Quartile PE Managers: Does Performance Really Persist?
Venture capital funds tend to keep up their performance (good or bad), but private equity researchers have found that "top quartile" doesn't mean what it used to for buyout funds.
PIMCO’s Total Return Fund Sees $17.1B Outflows in June, July
Investors have been aggressively pulling assets from the world’s largest bond fund for several months, according to Morningstar data.
GSAM Manager: ‘Disappointment’ Ahead for Certain Bond Strategies
Historical returns hold little wisdom for future fixed income markets, a Goldman Sachs Asset Management specialist argues.
Insurance Investment Outsourcing Accelerates
Fund managers are increasingly snapping up insurance assets as insurers seek diversification.
AIMCo: Better Performance Attribution = Better Performance
The era of Excel and the Brinson-Fachler formula is over, the heads of Alberta’s sovereign wealth fund stressed in a white paper.
Going Direct: Worth It for $200M+ Portfolios
It is not just a few outliers among major asset owners who outperform specialists in the hedge fund space, a new study found. It’s the majority of them.
Private Equity Managers Ranked by Institutional Assets
Goldman Sachs, Blackstone, TPG…who holds the most institutional investor assets?
Outsourced Due Diligence Teams Gaining Ground…and Power
Almost three-quarters have total veto power over hedge funds, a Deutsche Bank survey has found.