All That Glitters
Hype or secular growth in institutional ETFs? One consultant says don't believe the headlines.
News
Whiteout: Infographics
A demographic breakdown of finance, asset management, tech, and a few other professions, moving up the ladder from administrative to executive.
Ortec Finance Co-Founder Boender Dies
Guus Boender set up the consultancy in 1981 and led it to become one of the leaders in asset-liability management.
Anatomy of a Questionable Scandal: NJ Pension Accused of Pay-to-Play
New Jersey’s no-holds-barred politics have swept up the state pension fund, as a union lobs claims of impropriety at the board chairman. Leanna Orr investigates.
CalPERS to Dump $4B in Hedge Fund Investments
Costs, complexity, and capacity all cited as the US’ biggest pension scraps hedge funds completely.
Putnam Makes Play for Institutions, Snags Division Head from Lazard
Long a dominant force in the retail market, Putnam’s push into the big leagues of institutional asset management will be led by Jeff Gould.
PGGM Spin-Out Secures Pension Clients
Dutch-flavoured long-term mandates have found investors in the UK.
AQR’s Asness: How I Learned to Stop Worrying and Love Smart Beta
Once one of his “top 10 pet peeves,” Cliff Asness has come around on smart beta (except for the name).
A How-To Guide to Private Debt
What you need to know about entering into the new and growing asset class of private debt—according to Mercer.
Private Equity Deals Collapsing Over Fee Disagreements
Research by Preqin shows a lack of alignment of interests through fee structures is a major barrier to private equity investment.
Goldman Sachs: Leveraged Buyouts Have Disappeared from Wall Street
Expensive
valuations and increased competition have halted leveraged buyouts in 2014,
according to the firm’s analysts.
Board Clashes, Lawsuit Over Pay at Outsourced San Diego Pension
One trustee called the public pension’s contract with OCIO Salient Partners “exorbitant,” charging “outlier-type fees.”
Scott Malpass, CIO of Notre Dame, to Receive Lifetime Achievement Award
The veteran endowment CIO will take home the most important Industry Innovation Award at a dinner on December 8 in New York City.
AP3 Investment Chief Exits
The head of asset management at Sweden’s third public pension fund has left his role ahead of an overhaul of the system.