Carlyle To Close Hedge Fund-of-Funds Arm
Just two years after acquisition, Carlyle is shutting down Diversified Global Asset Management to better focus on private equity and real estate.
News Archive: Feb - 2016
Are You Paying Too Much for Your Property Exposure?
Willis Towers Watson research claims the amortization pricing method can mean investors pay more than double what they should.
What Your HF Manager’s Resume Means for Returns
Former asset owners achieve double the alpha of the average manager, according to a study of UK hedge funds.
Newsmakers
HSBC’s Pension CIO De-Risks on His Own Terms
Why pay an insurer to profit off your liabilities? A $33 billion portfolio says you don’t have to, according to Mark Thompson.
Sweden’s AP4 CIO to Exit
Magnus Eriksson is moving to London “for family reasons.”
Leading UK Pension Pool to Hit £45B
A trio of the country’s biggest public pensions plan to team up with a pioneering partnership to create a major pool of assets.
Dry Powder Stacks Up in Distressed Debt
With 2016 projected to be a strong year for fundraising, managers are under pressure to make use of the record levels of cash already at their disposal.
Investment Costs ‘Halved’ by Pooling, Public Funds Claim
UK pensions report early wins from joining forces and assets, as officials scrutinize the experimental move.
NY Nurses’ Longtime Pension CIO Steps Down
After 16 years, Russ Niemie will exit the $3 billion fund for “a new challenge,” CIO has learned.
The Bar for Managers ‘Has Never Been Higher’
Investors have high expectations for fee transparency, performance, and data security—and aren’t afraid to dump managers that fall short.
Newsmakers
America: Land of the Free, Home of Mediocre Public Fund Investing
Ashby Monk on why pension funds in Canada and other backwaters beat out their American counterparts.
Pensions to Revamp Governance, Ramp Up Alts
Governance, efficiency, funding levels, and talent development were among areas highlighted for improvement by a survey of pension funds.
Diversity—Let’s Get Real
Some of those waving the flag for equality in financial services are doing little more than paying lip service, argues Gina Miller of wealth manager SCM Direct.
Asset Managers Declare: No Recession
Indicators point to a rough year ahead, but investors shouldn’t expect the end of the world, according to a number of asset managers.
Why You Do Your Job
Kip McDaniel on Harold Backer’s pyramid scheme and why this story matters to asset management.