An independent review of New York State Common Retirement Fund finds the Comptroller's reforms "highly effective." yet highlights resource strains and an over-reliance on consultants.
The aftermath of the financial crisis has not been easy for fund managers, but they have reason to be optimistic in 2013, a survey by Towers Watson finds.
From aiCIO Magazine's February Issue: In a Letter From the Managing Editor, Paula Vasan explores why firearm divestment among institutional investors is gaining momentum following the December 14 Newtown, Connecticut massacre, and why that decision is also gaining scrutiny.
Emerging market equities have left the undervalued range, but they remain the best valuation opportunity for institutional investors, according to a report by Cambridge Associates.
The real growth of the asset management industry will come from wealthy individuals, predominantly from the emerging market area, research by Casey Quirk shows.
Institutional investors and employees are cutting off ties with FX Concepts, a currency hedge fund with around $2.9 billion under management, former employees tell aiCIO.
Talented CIOs are excellent at allocating assets and securing returns, but few seem to be good at showing it to their boards. San Bernadino has begun outsourcing their performance reports, and CIO Don Pierce couldn't be happier about it.