In this latest paper, Watson Wyatt, suggests some changes to redress the imbalance in private equity fees including changing the basis on which a manager sets its management fees; and that GPs should consider phasing in management fees over the investment period to reduce the significant fee drag from paying on commitments early in the life of a fund.
Nest, the largest workplace pension in the UK, says that private credit managers who prioritise institutional clients will be more favourably viewed. The £61 billion ($82 billion) fund has awarded a £450 million ($605 million) US direct lending mandate to Crescent Capital this month, citing the manager's institutional-client-first approach as a key attraction.
Towers Watson’s negative outlook for bonds and its advice to increase allocations to high quality credit is being reflected in portfolio shifts by institutional investors.mrec4inarticleinline Sponsored Content scnative1 scnative2 scnative3
This MSCI research note looks at the historical behaviour of two risk-based investment strategies and investigates their potential application in an institutional equity portfolio. Does risk-based strategy diversification work?mrec4inarticleinline Sponsored Content scnative1 scnative2 scnative3
In 2008 CalSTRS decided on building an exposure to infrastructure that eventually would total $3.5 billion or 2.5 per cent of its more than $148 billion overall portfolio. An experienced investor in other asset classes, it was a relative newcomer to infrastructure.mrec4inarticleinline Sponsored Content scnative1 scnative2 scnative3
With more than $A5 billion ($5.3 billion) invested in infrastructure through some 120 different types of assets, AustralianSuper is examining whether diversity is all its cracked up to be when it comes to infrastructure investing. mrec4inarticleinline Sponsored Content scnative1 scnative2 scnative3
Ireland’s sovereign wealth fund has to delicately balance the twin demands of being a long-term investor with providing capital to rebuild the shattered Irish economy.mrec4inarticleinline Sponsored Content scnative1 scnative2 scnative3
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