Institutional investors and employees are cutting off ties with FX Concepts, a currency hedge fund with around $2.9 billion under management, former employees tell aiCIO.
Smaller healthcare providers especially are holding too much cash and fixed income to make decent returns, according to a white paper from the Commonfund Institute.
Talented CIOs are excellent at allocating assets and securing returns, but few seem to be good at showing it to their boards. San Bernadino has begun outsourcing their performance reports, and CIO Don Pierce couldn't be happier about it.
With lower return expectations and more investor demand for income in the stars for 2013, a study by eVestment and Casey Quirk & Associates shows one investing strategy taking precedence.