Institutional Managers Stepping into Retail (and Winning)
Retail investors are looking for more options—and institutional managers have what they want, research has shown.
News
Are You Reducing Too Much Risk?
Asset owners
may miss out on attractive yield by blowing certain risks out of proportion,
Morningstar has said.
CalPERS and UBS Form $500M Infrastructure Partnership
The largest
US public pension plan will pursue infrastructure opportunities with UBS across global markets in the next few years.
Emerging Market Inflows Surge to 18 Month High
High yield and money market funds are out as investors look further afield for returns.
Wellcome Trust Digs Deep for Co-op’s Agribusiness
The UK’s largest endowment has boosted its farming business with a £249 million purchase.
Asset Managers May Dodge ‘Systemically Important’ Label
US
regulators have announced a closer review of “industry-wide products and
activities” rather than individual managers in assessing systemic risk.
Harvard Hires Head of Public Equity
The $32.7
billion endowment fund has enlisted former CIO of MDR Capital Management,
Michael Ryan, to lead its public equity team.
Are You Paying Too Much for Your Trades?
At least one financial regulator suspects you are.
Mexico Mulls Taking On $53B of Oil Pension Liabilities
Two state-owned companies could be relieved of a significant chunk of pension liabilities if new oil sector rules are passed by Mexico’s government.
Legal & General to Cut Jobs as Annuity Sales Plummet
The end of mandatory annuitization will likely mean a leaner workforce at the UK provider.
Private Debt: the Up-and-Coming Alternative Player
Investors
are increasingly re-allocating capital from traditional fixed income and alternatives to
private debt, Preqin has said.
UK to Issue More Inflation-Linked Bonds as Demand Soars
Record demand for inflation-linked assets has seen the UK’s latest debt auction three times over-subscribed.
Private Equity’s Most Consistent Performers
The firms that didn’t make the list may be as surprising as those that did.
Dark Pool Inquiry Spreads to UBS, Deutsche Bank
The European
banking giants have been questioned by US regulators for possible securities
law violations concerning high frequency trading.
Op-Ed: Congress’ Temporary Pension Relief Is Hardly Relief At All
As legislators grapple over another highway bill funded on pension smoothing, former PBGC Director Charles Millard calls for the measure to be made permanent.