Hedge Funds’ Latest Defector: Family Offices
Family offices join other institutional investors in retreating from the much-maligned investment vehicle.
News
Consistent Risk, Inconsistent Returns
Maintaining volatility appears to be easier than maintaining a consistent outcome, according to research.
The Case for Active Trading
Skilled investors at smaller funds can overcome transaction costs to earn high returns, researchers argue.
Southern Methodist University Picks CIO
Endowment veteran Rakesh Dahiya will lead SMU's $1.5 billion fund.
Low-Volatility Strategies’ Hidden Risks
The outperformance of the popular smart beta strategy may be hiding a correlation to fixed income, researchers argue.
APG, PGGM Bolster Sustainable Investing Efforts
“Together we can change the world to make to make it a better place to live and retire in,” Dutch pensions declare.
Inside Your Asset Manager’s Brain
Two specific strengths are necessary for success in trading, according to University of Zurich and Yale researchers.
What Big Data Says About ESG
The Environment Agency Pension Fund uses data science to prove the merits of environmental, social, and governance investing.
Winners in a Post-Brexit World
Two months on from the landmark referendum result, what can investors take from the reaction of investment markets?
University of Toronto Names New CIO
Managing Director Daren Smith has taken over following William Moriarty’s retirement.
Texas ERS Hedge Fund Chief Exits
Robert Lee will join Texas Tech University System as deputy CIO in October.
Man Group Restructures Following CEO Exit
Sandy Rattray is the hedge fund giant’s new CIO as part of a raft of senior management changes.
Asset Managers and the Prisoner’s Dilemma
Peer comparisons and misaligned incentives cause asset managers to follow the herd even to the detriment of asset owners, according to the Bank of England’s Thomas Belsham.
Voya Appoints Asset Management CEO
Jeffrey Becker is stepping down after seven years, with Christine Hurtsellers succeeding him.
Tire Maker Strikes £600M Double Longevity Swap
The deals could open up the smaller end of the market to longevity reinsurance, argues Mercer.