US Trust Wins Three OCIO Mandates
The OCIO manager has picked up assets from the Healthcare Foundation of Wilson, the Leukemia & Lymphoma Society, and the BHP Billiton Foundation.
News
Funds-of-Funds Top Pick for Pensions in Private Equity
More than two-thirds of North American public and private sector pensions choose funds-of-funds for private equity exposures, Preqin has found.
Climate Change’s Systemic Risks
Addressing the uncertain and unpredictable effects of climate change is “the essence of risk management,” Wilshire Associates argues.
Asset Owners Reevaluate Tobacco
Just as America’s largest pension fund weighs getting back into tobacco investment, the world’s largest insurance fund announces a break up with the sector.
Legal & General Inks £3B Annuity Deal with Aegon
The UK insurer’s American investment arm meanwhile will dive into risk-premia strategies with a new multi-asset team.
Harvard Endowment Chief Goes on Medical Leave
The fund’s COO Robert Ettl will serve as interim investment head until CEO Stephen Blyth returns.
Asset International Acquires Market Metrics, Matrix Solutions
The acquisition broadens Asset International’s portfolio of proprietary, actionable data, insights, and business intelligence.
Another Trillion Dollars for Private Equity
Dry powder levels won’t diminish anytime soon, Deloitte warns.
Carlyle Hedge Fund Chief—and Assets—Out
Investors pulled a net $3.7 billion over the last year—with another $1.5 billion on its way out.
Kentucky Pension Recommits to Hedge Funds Amid Governance Turmoil
The Kentucky Retirement Systems approved new hedge fund investments as controversy reigned over fund leadership.
The Hidden Cost of Longevity Swaps
Offloading longevity risk is not a one-way transaction, Redington has warned.
Why Asset Manager Reputation Matters
Strong brand awareness could mean increased inflows, eVestment argues, but could also lead to heightened negative bias.
Hedge Funds Crowding Out Liquidity
As more managers make the same investments, the industry as a whole can become increasingly illiquid, according to Novus.
Mark Wiseman Exits CPPIB for BlackRock
The CEO of Canada’s largest public pension will join the world’s biggest asset manager in September.
Managers Brace for ‘Summer of Shocks’
Concerns about China, Brexit, and changes to monetary policy are driving asset managers more cautious.