Investors tell hedge funds to lift their game
Investors want significant improvements in the way hedge funds interact with investors, and have called for greater reporting and transparency in a recently published guide to the industry.
Investors want significant improvements in the way hedge funds interact with investors, and have called for greater reporting and transparency in a recently published guide to the industry.
The recent alliance between Mercer Investment Consulting and Callan Associates to acquire the bulk of Evaluation Associates – the investment consulting arm of Milliman Inc – could be the start of a cooperation that targets other potentially attractive acquisitions in the US industry.
The Alaska Permanent Fund has made allocations to three alternative investment programs and begun a new push into timber and diversified inflation funds hiring Callan to conduct searches.
The Ann Kaplan professor of business, finance and economics at Columbia University, Andrew Ang, who also consults to the Norwegian sovereign wealth fund, describes the shortcomings of research on asset allocation and illiquid assets, and how to overcome behavioural biases.
As Sudan divides into north and south, CalPERS and other UN PRI funds are divesting shares in public companies in that country, while at the same time warning on the fragile peace and the precarious economy.
Competition and debt concerns have scuttled an ambitious proposal by a consortium of nine Canadian banks and pension funds to acquire the country’s biggest stock exchange.
FIS Singapore 2026