A researcher argues trading costs do not lead portfolio managers to make similar investments—but in fact help them to differentiate.
News Archive: Jul - 2016
Researchers at Standard & Poor’s argue that a ‘best-ideas’ approach has a number of downsides if asset owners rely on it too much.
Brad Woolworth has joined the private equity team at the New York State Teachers’ Retirement System.
Robert Ettl will continue to serve as interim CEO while the $37.6 billion endowment searches for a permanent replacement.
US authorities have claimed State Street made “substantial profits at the expense of its custody clients.”
Look to newer, smaller hedge funds with high incentive fees for the most timing ability, researchers have claimed.
Public pensions must shoulder some of the blame when it comes to paying high fees for private equity, a law professor argues.
An allocation of 15% or more to private assets can be the difference between outperformance and negative returns, argues Cambridge Associates.
Nominations for innovative and talented asset owners and managers/servicers will stay open until August 26.
An “abnormal” political event can lead to a large disparity in investment performance between Republicans and Democrats, research shows.
A class action lawsuit accuses the insurance company of using a fund with “excessive” fees.
A global survey of managers finds high levels of cash and a dramatic change in sentiment towards Europe.
Integrating, not just mixing, factors is the key to successful portfolio construction, research shows.
Portfolio Strategy Head Sara Bonesteel will take over the firm’s $371 billion retirement business.
A £750 million transaction involving the ICI pension indicates that market turmoil post-referendum has opened up attractive pricing for buy-ins and buyouts.