Asset Allocation
Diversity Efforts at Private Equity Firms Have a Long Way to Go
More institutional investors are calling for equity and inclusion, but challenges remain in disclosures and transparency.
Tag: Asset Management
Asset Management Culture
Op-Ed: Peer Rankings Matter—When Used Properly (Part Two)
It’s useful to study top-performing funds, but it’s not an apples-to-apples comparison, longtime investor Tony Waskiewicz says.
Asset Management Culture
Canadian Pensions Can’t Quit External Management, Despite In-House Moves
Plans rely on outside help for better returns, talent, and technology.
Corporate Moves
Rens Götz Leaves ABB, Follows Ex-Boss Elisabeth Bourqui to Her New Asset Management Firm
The one-time ABB pension asset allocator, after her short and bumpy interlude at CalPERS, co-founded BERG and now has hired him.
The Big Challenges Facing the New Kentucky Pension Plan CIO
Ahead of an April 1 system overhaul, Steven Herbert has a ‘hundred actions’ he needs to perform.
UK Asset Owners and Managers to Form Sustainability Alliance
Nest and others are discussing how to embed environmental and other worthy goals into manager disclosures and selection.
Pensions
National Pension Service of Korea Wagers Offices, Hotels Will Recover
The world’s third largest pension fund placed a $1 billion bet on public global real estate with asset manager Russell Investments.
Manager Selection
Breaking News: Kentucky Retirement Systems Names Steven Herbert New CIO
The asset manager and former consultant is the sixth investment chief to head the fund in about 13 years. He starts Jan. 16.
Consulting Firms Ask Asset Managers to Disclose Diversity Data
Verus and others have formed a diversity coalition as institutional pressure grows for greater racial equity.
Asset Management Culture
Will Cutting Down on External Managers Make a Difference?
Sure, it can help lower investment fees. But those after-fee returns? Researchers say that’s a mixed bag.
Asset Management Culture
China OKs BlackRock, Temasek Joint Wealth Management Venture
The decision was approved by the country’s banking regulatory authority in the first half of the year.
Research
Corporate Pension Plans’ Funded Status Dips for First Time Since April
A surge in liabilities from low discount rates dropped aggregate ratios 1.3 percentage points to 79.9%, Wilshire says.
Asset Management Culture
Majority of Insurers Confident in Asset Managers During Downturn
They’re also upping their allocations into alternatives, such as private equity and private credit, says a State Street survey.
Regulation
Trump to Investigate the ‘Hidden Risks’ of Investing in Chinese Companies
The president pledges to ‘protect American investors’ by studying the operational behaviors and guiding principles of the Chinese companies that they invest in.
Pensions
Goldman Sachs Estimates Public Pensions Now Less than 60% Funded on Average
Senior Pension Strategist Michael Moran says local government spending limits will stymie funding levels.