Asness: This Is Why Factor Investing Will Survive
AQR’s founder argues expected returns are likely to be lower and risks higher, as factor investing becomes more popular.
News Archive: Aug - 2015
UTIMCO Head of Private Markets Steps Down
Lindel Eakman is leaving his position at the $35 billion endowment to launch a new venture capital fund.
From All Sides, Pressure Mounts Over Private Equity Fee Practices
The IRS, SEC, and 13 state pensions have all moved to force private equity firms to fully disclose fees, pay taxes on them, and repent to clients when they don’t.
The Most Consistent Names in Alternatives
If you want the best chance of top-quartile performance, turn to venture capital or buyout private equity funds.
Northern Trust Taps Consultant, Behavioral Economist to Lead DC Business
An ex-Mercer consultant and a former World Bank economist have joined the Chicago-based firm.
Foundations Post Slashed Gains in 2014
Despite lower returns, nearly 60% of foundations increased their spending rates, according to Commonfund and the Council on Foundations.
Risk Parity Smiles Through Market Correction
Risk parity powerhouses on why the strategy delivered on its promises during the recent days of stock markets crashes and rallies.
Purdue Endowment CIO Moves Up
The $4 billion fund hired a public pension CIO to replace Scott Seidle, who takes on a larger role.
PPF Hires to Insource LDI
Aviva Investors’ Trevor Welsh joins the UK’s lifeboat fund as its first head of LDI.
Make Advisors Accountable, CalPERS Urges DoL
America’s largest pension has weighed in on the proposal to extend fiduciary duty to retirement advisors.
Swedish Funds Target €4B Real Estate Investment
AP1 and AP2 team up with property specialist TIAA-CREF to build out their joint property portfolio.
Cash Gets More Expensive as Fed Hike Looms
Interest rates may still be at record lows, but that has not stopped some money market fund providers from inching up their charges.
Harvard Endowment Gets New Board Members
Former Federal Reserve governor Jeremy Stein and Canyon Partners co-CEO Joshua Friedman have joined the board of Harvard Management Company.
Replacing Hedge Fund 'Alpha' with Smarter Beta
Investors can access the risk premia from some hedge funds on more favourable beta-like terms, claims bfinance.
The Changing of the Guard at Casey Quirk
Now more Quirk than Casey, younger co-founder Kevin Quirk takes over the chairmanship from John Casey, who is transitioning to a senior advisor.