Carlyle Hedge Fund Chief—and Assets—Out
Investors pulled a net $3.7 billion over the last year—with another $1.5 billion on its way out.
News
Kentucky Pension Recommits to Hedge Funds Amid Governance Turmoil
The Kentucky Retirement Systems approved new hedge fund investments as controversy reigned over fund leadership.
The Hidden Cost of Longevity Swaps
Offloading longevity risk is not a one-way transaction, Redington has warned.
Why Asset Manager Reputation Matters
Strong brand awareness could mean increased inflows, eVestment argues, but could also lead to heightened negative bias.
Hedge Funds Crowding Out Liquidity
As more managers make the same investments, the industry as a whole can become increasingly illiquid, according to Novus.
Mark Wiseman Exits CPPIB for BlackRock
The CEO of Canada’s largest public pension will join the world’s biggest asset manager in September.
Managers Brace for ‘Summer of Shocks’
Concerns about China, Brexit, and changes to monetary policy are driving asset managers more cautious.
San Diego Pension Rebuilds Post-OCIO
A new CIO, CEO, and now deputy CIO have taken over after a fraught outsourcing attempt.
Bank of America Accused of Misleading PIMCO, Blackstone
A gender discrimination suit by a female managing director alleges that the bank engaged in unethical and illegal behavior.
Impact Investing is ‘Thriving’: Survey
Investors are putting more money towards social and environmental causes, and reporting encouraging results.
USS Head of Credit to Exit
Leandros Kalisperas is leaving the UK pension to pursue a career in politics.
The Yale (and Harvard, Stanford, MIT…) Model
Elite endowments don’t have a “secret recipe” for high returns, but rely on riskier assets for outperformance, according to a paper.
Cliff Asness’ Hedge Funds 101
The AQR chief schools readers on strategy, correlations, beta, and alpha.
How Twitter Can Help Investors
Research shows that the social media platform provides predictive information regarding future company fundamentals.
The Pension Pros (and Cons) of Brexit
As the June 23 referendum on EU membership looms, pension funds stare down the short- and long-term concerns with a breakup.