Threadneedle Fined $9M for Fixed Income Failings
Thwarted erroneous trades and lax trading processes have cost one of the UK’s largest managers.
News
Critics React to Contentious Towers Watson Merger
“Why is it necessary for one side to suffer so materially to get the deal done?” asked one proxy advisor, after the merger’s narrow passage.
CalPERS Pushes Ahead in Fight to Cut Costs
With savings of $217 million in the last fiscal year, America’s largest public pension looks ahead to becoming even more cost-efficient.
Private Equity LPs Pay $2B a Year for 'Miscellaneous'
Researchers estimate transaction, monitoring, and other fees made up 4% of revenue over 20 years—and investors may not have tracked them.
Hedge Fund Product Wave Set for 2016
Get ready for marketers to come a-knocking as hedge fund firms prepare a bumper crop of new releases.
Capacity Concern as Insurers Turn to Asset Management Sector
An increase in insurance investment outsourcing has left some worried about the availability of partners.
The Soaring Cost of Consultants
Pension fund members are paying much more for consulting services than they were five years ago.
Liquidity Is Top Concern for Health Care Funds
The liquidity challenges faced by health and hospital systems have a “drastic effect” on their asset allocations, according to Cerulli Associates and Mercy Health’s CIO.
Sweden Abandons Controversial Pension Reform Plans
Criticism from all sides appears to have ushered the collapse of a proposed reform of the $144 billion system.
MassPRIM’s Sarah Samuels Voted Next Generation Winner
More than 100 asset owners cast ballots to name the industry’s top young leader, and the crown went to MassPRIM’s deputy CIO.
For Plan Sponsors, Passive Doesn’t Equal Safe
Plan sponsors have significant fiduciary obligations regardless of whether they choose active or passive management, according to Russell Investments.
Valuations Fail to Deter Private Equity Investors
High fees, $1.3 trillion in unspent capital, and soaring valuations—nothing has dampened investor appetite for unlisted equity.
How Norway’s SWF Plans to Benchmark Real Assets
The $846 billion fund has formally requested to double the target size of its real estate portfolio.
Cliff Asness Defends Risk Parity
AQR’s co-founder puts recent risk parity performance into perspective.
The Best and Worst Asset Classes of 2016
It’s in with equity and out with bonds, according to a survey of institutional investors.