Newsmakers
Blue Pill vs. Red Pill
Donald Trump, Hillary Clinton, and the dismantling of the EU: CIO imagines the world if.
News
On Change
Managing Editor Sage Um addresses change—in global politics, the consulting industry, and at CIO itself.
Consultant Slocum Folds Into Pavilion
Jeffrey Slocum & Associates’ $125 billion in advisory assets will merge into Pavilion’s North America-based consulting group.
Segal Rogerscasey Buys Marco Consulting Group
The merged group, Segal Marco Advisors, will manage more than $500 billion effective January 1, 2017.
Hedge Funds Caving to Investor Demands on Fees
Managers are increasingly offering hurdle rates, sliding fees, “clawbacks,” and discounts, according to an AIMA survey.
CPPIB Reshuffles Leadership Amid Senior Departure
The Canadian pension giant also created a real assets department to bring together its real estate, infrastructure, and agriculture groups.
BlackRock OCIO Exec Named Pensions Trust Chief
Managing Director Cliff Speed will replace David Adkins as head of the £9 billion workplace pension fund.
Gross: PIMCO Guilty of “Intentional Misconduct” in Lawsuit
Bill Gross is demanding the courts sanction PIMCO for “willful and bad-faith obstruction” in pursuing his $200 million lawsuit.
NEPC Defends Litigation-Ridden University DC Plans
Many features college DC plans are sued over are a source of guaranteed retirement income—solutions regulators and legislators are actively seeking to add to 401(k) plans, the consultant argued.
Prudential Wins $2.5 Billion Risk Transfer
The insurer will take on pension liabilities for packaging company WestRock.
Credit Downgrades and How to Beat Them
There is far less top-quality fixed income around—and investors need to adapt, argues Loomis Sayles.
Hedge Funds’ Latest Defector: Family Offices
Family offices join other institutional investors in retreating from the much-maligned investment vehicle.
Consistent Risk, Inconsistent Returns
Maintaining volatility appears to be easier than maintaining a consistent outcome, according to research.
The Case for Active Trading
Skilled investors at smaller funds can overcome transaction costs to earn high returns, researchers argue.
Southern Methodist University Picks CIO
Endowment veteran Rakesh Dahiya will lead SMU's $1.5 billion fund.