Tag: investment fund
The $7.4 trillion asset manager sees cash as a guard against further shocks, leading a trend sweeping corporate America.
The institutional investor joins firms such as JPMorgan in mobilizing around the relief effort.
The world’s largest asset manager said it’s reducing cyclical exposures to global assets, such as emerging markets and Japan.
$78.9 billion pension fund would be permitted to invest as much as 5% of portfolio in alternatives.
Private equity had a good year, but individual selections of stocks and other assets hobbled overall showing, report says.
The effect of the outbreak has been ‘exaggerated,’ hedge fund honcho declares.
Hedge funds and other active strategies still play a role in diversifying risk in client portfolios, says firm’s Hyman.
Former Legg Mason manager, slammed in crisis, sees holdings surge 120%.
It’s the second consecutive year of outflows in the industry as managers struggle to keep pace with the broader market.