The case for a new look at global benchmarks

Indexes are important for pension funds. They benchmark the fund’s performance against goals and peers. They allow the fund’s managers to be measured and often times they decide the managers’ remuneration. You would think, then, that there must be a lot of science behind their use.

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Private equity is not an asset class: Siguler

Is private equity an asset class? George Siguler (pictured), a doyen in the field, a former head of alternative investments for the Harvard endowment that formed his own firm, and a pioneer of unlisted investments in the BRIC countries, thinks not. He spoke with Greg Bright about the state of play in private equity. George … Read more