Vanguard usurped BlackRock as the biggest institutional fund manager in 2022 during a year where most firms went backwards, according to the latest Pensions & Investments global survey.
Investors have negative outlook “fatigue” and are tired of being cautious. But a large chunk of asset price falls have been due to earnings misses, and the lagged impact of monetary policy means the risks are still out in front.
Industry super fund owned IFM Investors and ISPT are exploring a merger at the request of their shareholders amidst a challenging outlook for commercial property.
Having poached a number of high-profile portfolio managers, and with backing from family offices and high net worth investors, new boutique Blackwattle is trying to correct the “inadequacies” of the Australian funds management industry.
The NZ Superannuation Fund (NZS) has topped up its hedge fund exposure, handing US$100 million to trans-Atlantic global macro-strategy specialist Episteme Capital.
Comparing public and private market performance can be misleading, according to a new study from PGIM, and CIOs need to look deeper into the data.
The Future Fund is thinking of restarting its active equity programs with investments in small caps, according to CEO Raphael Arndt, but commentators are split on whether it will find the returns it needs.