Preqin: Foundations Drag in Real Estate Push
Foundations represented 28% of total US-based real estate investors, but just 2% of invested capital.
News
Real Talk on Performance Attribution
Long-only, rebalancing schedule, tracking error: Mandates come constrained, and two research analysts say it’s high time attribution methods caught up.
UK Infrastructure Project Makes Senior Hires
An infrastructure expert from Lloyds Bank has been hired by the Pensions Infrastructure Project to lead the expansion of its internal team.
KKR Co-Founder Kohlberg Dies
A pioneer of the leveraged buy-out, Jerome Kohlberg has died aged 90.
Have the Cubs Surpassed the Tiger?
Julian Robertson’s progenies scored higher win/loss ratios for their trades, according to Novus.
GMO: Risk Parity Could Pose Systemic Risk
Investors that buy assets with little concern for price could seriously disrupt the market once they start selling, according to GMO’s Ben Inker.
Defined Contribution Linked to Retiree Poverty
Pre-retirement lump-sum withdrawals and lack of annuitization may push retirees towards financial ruin, according to research.
A Ten-Year Hedge Fund Love Affair
The final iteration of CIO’s Google Trends series: How investors fell in and out of love with hedge funds—and how the relationship survives.
Fund Managers Fear Silicon Valley Takeover
Global managers foresee new entrants, new models, and a new client focus, according to State Street.
The Multi-Trillion Dollar Impact of Climate Change (and Why ESG Isn’t Enough)
Loading up on renewable energy stocks may not be enough to save your investments in the event of extreme global warming, according to new research.
Managers Start Focussing on 'Needs’, Not ‘Wants’
Objectives are coming into the spotlight as investors demand deliverables from their managers, research has shown.
How to Evaluate your Hedge Funds like Ontario Teachers'
A paper co-penned by one of the fund's in-house managers assesses hedge funds within individual institutional portfolios.
AIG Appoints Bond Expert Douglas Dachille as CIO
The insurer has also agreed to acquire Dachille’s fixed-income firm, First Principles.
Pricy Stocks—Not PE Bubble—Causing Record Dry Power, Rubenstein Says
Private equity firms will start shopping when an “inevitable” market correction arrives, the Carlyle co-founder predicts.
ADIA Names BlackRock Alum to In-House Equities Team
The world’s second largest sovereign wealth fund has hired a noted Japan specialist.