QE Pricing Investors Out of Market, CFA Claims
Corporate bonds, government bonds, and developed market stocks are all too expensive, and even emerging markets are less convincing.
News
Biggest Hedge Funds Pose Worst Systemic Risks, Says Fitch
The ratings agency calls for international regulators to simplify the scope of their “too big to fail” proposals for asset managers.
Ex-Yale Investor to Lead Stanford Endowment
Robert Wallace of Alta Advisers will head up the $25 billion endowment as John Powers makes his exit.
Can a Conscience Boost Alternatives Returns?
Asset owners say ESG criteria can boost returns, and more alternatives managers are taking this message on board.
GIC: Investors Should Unite Against Short Termism
The Singaporean sovereign wealth fund wants investors to force managers to take a long-term view.
New Janus Unit CEO/CIO Gives Surprise Resignation
Perkins Investment Management chief Jeff Kautz has stepped down after just three months on the job.
The Facade of Hedge Fund Transparency
Investors are not as satisfied with the level of transparency they receive as managers believe, according to Northern Trust.
BNY Mellon to Pay $714M in FX Charging Settlement
The bank was accused of overcharging clients for foreign exchange trades and pocketing the profits.
Future Fund Names Infrastructure Chief
Wendy Norris will take over the A$8 billion (US$6.2 billion) portfolio immediately.
Guardian Newspaper Targets Gates Foundation Over Oil Assets
The world’s largest charity is now the focus of a major petition and campaign pushing it to sell off fossil fuel-related investments worth $1.4 billion.
San Diego Pension CEO Resigns as Friction Continues
Brian White will leave the $10.5 billion public fund as it searches for a new CIO and conflicts between trustees intensify.
UK Pensions ‘Must Collaborate to Cut Deficits’
A £47 billion shortfall won’t be addressed by raising taxes or investing passively, says the LPFA’s Susan Martin.
Infra Managers Lose Ground to Asset Owners Going Direct
Infrastructure buyers are piling in more cash and, increasingly, ditching fund managers.
The Hierarchy of Alpha
Why all alpha—and beta—is not created equal, according to guest columnist Christopher Schelling, director of private equity for the Texas Municipal Retirement Systems.
The Tension: Complex Investments; Basic Data
Investments are getting more complicated and have begun leaving investors' infrastructures behind, according to State Street.