Don’t Count on Hitting Your Return Target: Research Affiliates
Forecasts for several mainstream portfolios reveal dismal odds of earning a 5% real return over the next 10 years.
News
Newsmakers
Straight Talk
Is it time we were honest about the unfolding pensions crisis? The Dutch certainly think so.
Insurers: Asset Management’s Saviors?
Ultra-low interest rates are placing more emphasis on asset classes that insurance companies cannot manage in-house, surveys show.
U. Chicago CIO Mark Schmid to Receive Lifetime Achievement Award
The university endowment chief will take home the annual award on December 12 in New York City.
The Search for Edge in Emerging Markets
In an asset class where information is king, investors are turning to alternative data in the pursuit of alpha.
Private Equity Breaks More Records
Highest-ever aggregate payout to investors is accompanied by a new high in unused capital.
Salient CIO to Depart Amid Restructure
Lee Partridge will act as an advisor to the asset manager “through early 2017.”
Mercer Investments Loses President, Begins Revamp
The consultant will merge its investment and retirement practices and centralize its investment management capabilities.
Ontario Teachers’ Names Public Equities Chief
Nicole Musicco will succeed Wayne Kozun at the start of 2017.
The Gravity of Power
Managing Editor Sage Um on what makes a truly powerful allocator.
QE vs. Factor Investing
Quantitative easing and monetary policy are likely the only real factors driving your portfolio, GAM managers argue.
UTIMCO Names Interim Investment Head
The University of Texas endowment will be led by natural resources and EM director Mark Warner while it searches for Bruce Zimmerman’s successor.
Another Senior Executive Leaves CPPIB
Credit investments chief Adam Vigna is departing to lead equity manager Sagard Capital.
Connecticut Names Deputy for $30B Pension
Laurie Martin will support CIO Deborah Spalding in managing the public fund.
Active Manager M&A to Increase, Say Ratings Agencies
The continued swing towards passive investment strategies will see more deals emerge along the lines of Janus-Henderson, Moody’s and Fitch say.