News
Secondaries Funds See Record Fundraising in First Quarter
Six funds raised $13.6 billion in investor capital, according to Preqin.
NYC Comptroller Seeks Investment Managers for Sustainable Investing
Scott Stringer is looking for environmentally conscious fund managers for city’s pension funds.
Michigan Business Leaders Propose Pension Overhaul
Group calls for all new public employees to be put in defined contribution plans.
Pennsylvania to Move $2.4 Billon in Equity Investments into Passive Investing
Treasurer says the change will save the state $5 million a year in fees.
Context Summits: 72% of Investors Looking to Increase Alternatives Exposure
Approximately 68% of investors are looking to reduce their cash holdings by year-end, showing their willingness to take on risk, survey says.
Yale Endowment Defends High Management Fees
University says high returns justify the cost of actively managed investments.
Survey Sees Shift to Active Strategies for Emerging Markets Investments
Economic development in emerging markets is predicted to be led by rising levels of education, infrastructure investment, and innovation.
State Street Hits $2 Trillion in Global ETFs Under Administration
The bank’s big growth area continues to be broad beta ETFs.
Deutsche Bank Names New CFO
Citigroup’s von Moltke to join the firm in July, and lead intensive cost-cutting efforts.
Goldman Survey Finds Insurance Execs Upbeat About Markets, Wary of Political Risks
88% of respondents believe the S&P Index will be higher in 2017 than last year.
Kingsley: Real Estate Remains Most Attractive Asset Class for ‘17
Industrial properties, followed by multifamily homes and self-storage properties, are of most interest.
Groups Partner to Examine Bitcoin’s Blockchain Application in Securitization Markets
Partners tout benefits of blockchain platforms to help industry comply with regulations, among other benefits.
Cambridge Associates Expands Senior Pension Team
Jeff Blazek rejoins firm as a managing director and chief investment officer within the firm’s pension practice.
Public Pensions Pay Higher Fees as Investments Shift Toward Equities, AI
Pew report says states are paying billions of dollars in unreported fees.
