Funds of funds, particularly hedge funds of funds, have suffered outflows in recent years as pension funds reassessed their cost alongside risk and return characteristics. The conventional wisdom is that all types of FoFs are at death’s door. (more…)
The certificate one gets upon qualifying as a Chartered Financial Analyst (CFA) is so large that, apparently, only one printer in the world is set up to produce it. (more…)
Mercer Investment Consulting has published its predicted top trends for pension funds in 2011. With continued economic uncertainty around the world, Mercer expects further tight credit markets, a re-evaluation of the equity risk premium, concern about currency risk, and further allocations to emerging markets. (more…)
Cambridge Associates, the US-based asset consultancy, is to open a Beijing office – its third office in the Asia Pacific region – and is sending a private equity specialist there from London. (more…)
Thematic investment strategies are easy enough to understand but not so easy to implement. The curse of the thematic manager is the curse of overpaying. (more…)
The demographics driving the funds management industry, of ageing populations almost everywhere, are more complicated than you think. Greg Bright spoke to the Asia Pacific leader for Towers Watson, Bob Charles, who is a demographics expert, about the real demographic problems facing the world. (more…)