The world’s largest owner of listed stocks appears to mean business on
corporate governance.
Carlyle
Group remains the sole defendant facing trial for allegedly limiting
competition in leveraged buyout deals before the financial crisis.
After less than a year, Marina Mekhlis has left the $50-plus billion fund for GoldenTree Asset Management.
The pension and administration group has appointed a new commander-in-chief.
As with so much in finance, it’s about looking to the long term.
Alpha and
skill are not synonymous, and what was once alpha can be acquired as beta,
according to Towers Watson.
Investors
facing “structural forces” will increasingly turn to alternatives for values “beyond
alpha,” McKinsey & Co. has said.
Equity funds need to find new buyers as the UK’s largest
pensions move out of the market.
The UK’s asset management trade body is opening its doors to institutions beyond its shores to help “make investment better”.
Sending your children to the right institution could guide them to a career in asset management.
US
regulators have built reform laws based on an incomplete understanding of the
causes of the financial crisis, academics have said.
Retail investors are looking for more options—and institutional managers have what they want, research has shown.
Asset owners
may miss out on attractive yield by blowing certain risks out of proportion,
Morningstar has said.
The largest
US public pension plan will pursue infrastructure opportunities with UBS across global markets in the next few years.
High yield and money market funds are out as investors look further afield for returns.