The Strange Times of Negative Yields
As asset returns dip into the negatives, it may be wise to take less risk rather than more.
News
Does Scale Really Make Investing Cheaper?
Research by Barnett Waddingham suggests that large UK pensions may not be getting the full benefits of scale.
BlackRock Fined $12M Over Conflict of Interest Claim
The world’s largest asset manager failed to disclose an ex-manager’s personal holdings in a company he invested in for BlackRock, the SEC said.
U. California Loses Hedge Fund Chief, Looks to Recruit
With a transformation of the $90 billion fund's team nearly complete, a remaining senior role has opened up.
The Future, According to the Future
Two trends dominate this year's Forty Under Forty: the rise of technology and the decline of active management and alpha.
New Jersey Pensions to Scrutinize Fees
Despite “excellent” performance, trustees want greater transparency on how much they are paying.
UPS Loses Liquid Alts Chief to Hedge Fund
Leo Svoboda will be joining NYC-based hedge fund Penso Advisors in May.
The Divided Kingdom of Newport Beach
Bill Gross and PIMCO: Is there room in this town for the two of them?
The Problem with Active Share
Two academics have hit back after their popular measurement for active management was questioned by AQR.
Penn Teachers Appoints Executive Director
The $52 billion public pension has appointed a state representative to its top job.
Fees, Lawsuits, and the Fate of TDFs
Do plan sponsors have a fiduciary duty to choose the cheapest target-date solution?
The Capitalists’ Guide to ESG
Is it possible to create real financial value from doing good?
BNY Mellon Fined £126M for Custody Failings
The world’s largest custodian has been criticised by the UK financial regulator for “serious failures”.
Bain Hires Massachusetts Ex-Governor for Social Impact Business
Deval Patrick will run the socially responsible investment division at the Boston-based private equity firm.
CalPERS Cuts Management Fees as Portfolio Grows
America’s largest pension has reduced expenses by $90 million over five years.