Back Office Alpha (or How Other Companies Affect Your Equity Portfolio)
There is more to equity investing than kicking the tyres of the target company, research has shown.
News Archive: Nov - 2015
SWFs: Activist Investors or Passive Stock Pickers?
Three academics investigate whether the world’s largest investors use their influence to enact change in the companies they hold.
Strife Erupts on Proposed Towers Watson Merger
The $18 billion union is far from a done deal.
AUM Growth Is Hedge Funds' #1 Goal
Managers have internalized investors' well-documented size bias, EY research shows.
Asset Management’s Jackie Robinson Moment
Foundation leaders on diversity in institutional investing—and lack thereof.
PIMCO Hits Back at Gross Lawsuit
The Newport Beach investment giant has questioned the grounds of its former co-CIO’s $200 million legal complaint in its official response.
The DB Market Collapse for Asset Managers in Numbers
UK institutional assets available to non-fixed income managers are about to take a nosedive, says a consultant.
Harvard VP Leaves for Perella Weinberg’s OCIO
Jameela Pedicini’s departure marks yet another exit from the $38 billion endowment.
Norway SWF Sets Out Case for Real Estate Expansion
The world’s biggest sovereign wealth fund has published research advocating a 15% allocation to property.
Abu Dhabi to Close UK Office
One of the world’s largest sovereign funds is shutting its London hub.
MOSERS’ Rick Dahl to Retire After 21 Years
The CIO 2015 Lifetime Achievement Award honoree will pass on the torch to now-Deputy Seth Kelly next year.
The Canadians Are Coming: Fifth Pension Opens NYC Office
PSP—a $84 billion Canadian pension—is the latest fund to set up shop south of the border.
Korea Investment Corp Chairman Quits
Hongchul Ahn has left the sovereign wealth fund a year before his term was due to end.
UAW Trust Hires S. Carolina Pension Head as CIO
Hershel Harper, recently CIO of South Carolina’s public pension, will succeed Ken Frier.
Headcount, Pay Up in Private Equity
Private equity is heading into 2016 with more and better paid staff as fundraising targets continue to rise.