Towers Watson has revealed an alternative fee model for private equity which includes halving the base fee and a two-tiered performance-based fee linked to staff retention, earnings growth as well as returns.
The $31 billion Australian government-backed asset manager, VFMC, has reaped big rewards from its belief in the hedge fund managers it backed five or more years ago, reports Simon Mumme. (more…)
The $109 billion Florida Retirement System has returned its best fiscal year return for 25 years, as the fund prepares to combine its foreign and domestic equities investments. (more…)
There are two very different schools of thought on how to exit from the economic crisis. Rob Prugue, senior managing director from Lazard Asset Management Asia Pacific, discusses what investors need to understand from these two diverging economic views.
Improving risk management practices and allocation of capital according to risk drivers rank among the most important challenges for institutional investors to overcome in the next 10 years, according to Towers Watson. (more…)
The second paper by AQR examining inflation considerations in institutional asset allocation finds an equal risk-weighted portfolio performs better on average and is less dramatically affected by individual inflation and growth scenarios (more…)