Hedge Funds Beat 2014 Returns… Already
With 5.5% average returns through May, managers have already topped their 2014 figure—but no one thinks they’ll stop there, of course.
News
Risk Hiatus as Investors Mull Market Hazards
There are too many risks and not enough options for investors this summer, market reviews have shown.
PIMCO: Outflows Do Not Pose Systemic Risk
The bond shop has said it has successfully managed more than $50 billion in redemptions from the Total Return Fund after Bill Gross’ exit.
Liquid Alts, Prepare to Be Scrutinized
The heavily-advertised products operate in a regulatory "gray area," an SEC commissioner says.
Bigger Might Not Be Better for Pensions, Dutch Regulator Claims
Research by staff from the Netherlands’ financial regulator has shown that larger pensions may not always benefit from their size and scale.
PBGC Offers Small Fixed Income Managers a Ticket to Ride
The US pension lifeboat is making good on its promise to small investment managers.
CalPERS Throws Weight Behind Mega-Managers, Successful Startups
The $303 billion pension wants big relationships with the biggest firms—and has a plan to help its emerging managers compete.
OMERS, AIMCo Buy Consultant in Club Deal
The Canadian pension and sovereign wealth giants have agreed to pay $1.7 billion for Environmental Resources Management.
Risk Parity’s Hunger Games
There is an oligopoly in risk parity. Can newer shops lure capital away from the powerful elite?
Newsmakers
Hauling Finance Out of the ’50s
An almost president and a government-backed fixer on bringing finance into the 21st century.
Pension De-Risking Lands in the Middle East
A Kuwait-based company has insured its UK pension benefits.
Dividend Disaster Avoidance
Research Affiliates claims to have found three key indicators of investable, dividend-paying companies.
Correction-Clarification: The Riddle of Tampa Bay
Bespoke Deals on the Rise in Real Estate
More than a quarter of direct property transactions this year have been through separate accounts rather than pooled funds.
Zurich Replaces CIO to Run $200B
Cecilia Reyes is to move to a different role within the organisation.