financial management company added $2.3 billion to its assets under management.
investors have increasingly turned to hedge funds to manage long-only mandates—and
funds have been only too happy to oblige.
New York City and South Carolina’s pension systems spent roughly the same amount on annual investment fees—and both are under fire for it.
A report has found US management firms’ flexibility in manager selection and ability to customize and tailor to investors’ needs were key in winning over foreign investors.
The Alaska Permanent Fund Corporation has appointed William Blair, JP Morgan, Lee Munder Capital Management, and Delaware Investments.
“We need to drag people away from thinking about their performance against what they might have got. There are a lot of regret-driven decisions made in this industry.”
—Stefan Dunatov, CIO, Coal Pension Trustees Investment