An End for Consultant Manager Selection?
As UK public pensions prepare to pool their investments, pension consultants are rethinking their propositions.
News
GMO: Now is the Time for Hedge Funds
Recent poor performance should be recognized as a signal of better days to come, not a reason to divest, argues Ben Inker.
Energy Firm Seals £1B Longevity Swap
Abbey Life backs the transaction, covering 4,000 UK pensioners.
Yale, MIT, NYU Sued Over DC Fees
Each of the three universities is facing litigation over “excessive” fees in their employee retirement plans.
OCIO Hirtle Callaghan Names New CEO
Ex-Bridgewater strategist and former NYC pension advisor will take the helm of the OCIO firm.
Debunking Private Equity Performance
Researchers from the Abu Dhabi Investment Authority and the Canada Pension Plan Investment Board suggest a better benchmark for evaluating buyout funds.
The ‘Mirage’ of Relative Performance
Relative performance results offer little insight into manager skill, writes Morningstar’s research VP.
Time for a New Liability Measure?
Spiraling deficits indicate a change to traditional methods is necessary, argues one asset manager.
How Asset Management Giants Cause Volatility
Large trades made by the industry’s biggest firms can translate into “substantial price pressure,” according to research.
Pensions Brace as UK Cuts Interest Rate
The Bank of England’s first move in more than seven years spells more trouble for UK pension funds.
First State Super CIO to Exit
Richard Brandweiner is set to join an impact investment firm.
New Jersey Pension Halves Hedge Fund Exposure
The smaller hedge fund mandate will prioritize risk-mitigating strategies and lower fees.
Placement Agent Use Up Despite Dissatisfaction
Managers and investors alike express discontent over fees while continuing to rely on placement agent services.
Ex-Baylor Scott & White CIO Named University Treasurer
Mark Amiri has joined Washington University in St. Louis nearly four months after leaving the health care fund.
Winners and Losers in Alternatives
Which alternative assets provide true diversification and outperformance? And which aren’t worth the fees?