Is Your OCIO Provider Doing a Good Job?
Determining an OCIO provider’s “success” is tricky business, Russell Investments argues.
News
Smart Beta Indexes Fall Short of Factor Investing
Research shows popular smart beta indexes fail to fully capture factor exposures.
E&Fs Warm to Impact Investing
A poll of endowments and foundations found impact investors are motivated by strong returns and mission alignment.
Tell Your Board to Get Real, Managers Warn
It’s hard. Do it anyway, say execs from Prudential, State Street, and Strategic Investment Group, plus Nouriel ‘Dr. Doom’ Roubini.
AIG Dropping Half Its Hedge Fund Portfolio
The $343 billion insurance fund has so far submitted notices of redemption for $4.1 billion.
Private Equity vs. Hedge Funds: A Battle of Expectations
Investors had “more ambitious return targets” for private equity than hedge funds, but were under-allocated to the asset class, according to Preqin.
Dalio: What It Takes to Make It at Bridgewater
A third of new hires last less than a year at the world’s largest hedge fund.
Half of Largest Investors Ignoring Climate Risks
An index of the world’s 500 largest asset owners shows that many are doing little or nothing to address climate change risks.
Low-Vol Investors: Beware of Rising Rates
Low-volatility investing is “just a bet on falling interest rates,” according to Greenline Partners.
The Accountability Principle
Current performance attribution models can be improved by holding individuals accountable, explains AlphaEngine’s Arun Muralidhar.
Backing Talent, Not Track Records
Family-office cowboys have new competition in niche seed investing: A $3 billion hospital fund.
Secretive Hedge Funds More Likely to Crash
The less transparent a hedge fund’s process, the more likely it is that investors are exposed to significant downside risk, research shows.
Cambridge Associates Taps New Chairman and CEO
David Druley will succeed Sandra Urie, who will leave the firm on July 1 after a 25-year tenure.
London Pensions Pooled Money, Now Need Managers to Invest It
Almost £8 billion is now under the oversight of the collaborative venture.
Wilshire Taps New OCIO Chief
Veteran consultant Mark Brubaker will lead Wilshire’s full discretionary client accounts effective immediately.