Harvard’s Ex-Chair Joins Yale in Defending Endowments
High-profile accusations of endowment “hoarding” are not sitting well with leaders of prestigious—and wealthy—institutions.
News Archive: Sep - 2015
US Public Pensions 'On the Road to Recovery'
After declines in funded levels over the past five years, state pensions are beginning to grow again, according to a new report.
Happy LP, Happy Life
True alignment of interest with alternatives managers is either a mythic unicorn or an achievable destination. But which is it?
Smart Beta’s Takeover
The so-hot-right-now strategy is creeping into more portfolios—and onto hedge fund turf.
Women in Alts Find No Favor Despite High Performance
Hedge funds owned or managed by women find capital-raising difficult, even while leading the industry in returns, according to KPMG.
Newsmakers
Priceless Artifacts, Extra Pandas, & $1B: Investing the Smithsonian
CIO Amy Chen goes back to basics.
Taking Asset Management to the Cleaners
Can an ambitious, collaborative approach to transparency succeed where other efforts have failed?
What Have the Beatles Ever Done for Pensions?
A consultant’s 60s-themed party brings on some pensions-related nostalgia.
Sketching the Pension Landscape
Meeting the engineering industry pension that is taking on NEST in the battle for the UK’s auto-enrolment business.
Private Equity Funds Cling to ‘2 & 20’ Fees
As pressure mounts on private equity general partners, data show bespoke mandates are the best way to eliminate high charges.
Would Benjamin Graham Invest in Smart Beta?
Fundamental index strategies aim to deliver on systematic security selection while maintaining contrarian exposures—just like value investing.
Investing in Demographics
Investing in what your friends and family like will not get you rich—or your pension to full funding—but should you discard demographics all together?
University of Washington Creates Management Firm for $3B Endowment
The Seattle-based university has launched the University of Washington Investment Management Company in hopes of boosting returns and attracting expertise.