Asness: Factors Could Be ‘Arbitraged Away’ by ETFs
“We can’t all tilt one way,” the AQR founder explained at an FEG investing conference.
News
Hedge Funds Post ‘a Trickle’ of Inflows
New capital hit just over $4 billion last month, a fraction of the average of $23 billion over the last six Februaries, eVestment reports.
Another Rockefeller Fund Divests from Fossil Fuels
The Rockefeller Family Fund also singled out ExxonMobil, whose stocks it liquidated “effective immediately.”
Infrastructure’s Brave New World
Long-term cash flows and attractive yields may be driving demand now, but investors may be exposing themselves to risks from new technological developments.
The Rise of the Pension Fund Landlords
Institutional investors should see the UK’s ailing rental market as an opportunity, says Invesco.
Why Public Pension Giants and Hedge Funds Don’t Mix
FEG’s Nolan Bean explains why a large retirement system like CalPERS is unlikely to gain alpha from hedge funds.
Private Debt Assets Top Half a Trillion Dollars
Private lending gets a seal of approval, with $523 billion in total assets and 86% of investors stating investments met or exceeded expectations in 2015.
Taking on the Infrastructure Big Boys
How do you invest in your own country’s infrastructure when overseas buyers got there first?
Carnegie Institution for Science Appoints First CIO
The Washington-based research fund has poached the Sloan Foundation’s investment MD.
Investing Through a ‘Longevity Lens’
The demographic makeup of the world is changing, and so will the institutional investing landscape, PGIM says.
Ex-NYC CIO Larry Schloss Departs Alts Firm
After two years at Angelo, Gordon & Co., Schloss has exited his post as president.
European Pensions Plea for Political Help
Only high-level action can help the continent’s ailing pension system combat negative interest rates, asset owners say.
Mercer Nabs Pension-Risk Transfer Vet
Lynn Esenwine—formerly of PRT powerhouse Prudential—will depart MassMutual after less than a year.
Russell: DC Lawsuits Pushing Fiduciaries to OCIO
As lawsuits hit some of the largest 401(k) plans, sponsors may be looking to outsource more fiduciary responsibilities.
Pension Insurance Corp. Recruits Hedge Fund Specialist
The $18 billion UK insurer has appointed Paul McCauley to oversee its alternatives portfolio.