Investor Profile
Oregon makes fees work
The $77. 3 billion Oregon Public Employee Retirement Fund has continued to achieve top decile returns at the same time as de-risking and reconstituting half its giant portfolio.
Sarah RundellApril 22, 2019
The Latest
Investor Profile
LUCRF’s member profile drives strategy
Leigh Gavin, CIO at Australian industry-fund pioneer LUCRF Super, takes care to match portfolios and costs with the needs of the fund’s low-balance membership. In recent years, this has meant taking on additional risk and questioning fee models in private equity.
Alice UribeFebruary 14, 2019
Strategy
2018 CIO sentiment survey
The annual Chief Investment Officer Sentiment Survey, conducted by www.top1000funds.com and Casey Quirk, a practice of Deloitte Consulting, has revealed a global asset owner community that is less tolerant of risk and more interested in negotiating fees.
Amanda WhiteJanuary 31, 2019
Manager Relationships
Strong partnerships and brown M&M’s
In the debut of this new regular series, we examine the relationships that evolved as Textron’s pension fund and Palisade Capital Management developed a new bespoke investment strategy.
Sarah RundellJanuary 25, 2019
Fees
Cost-templates pilot begins in UK
The Cost Transparency Initiative has entered its pilot phase, in which five of its templates will be tested in coming weeks. Data from the testing will be used to rationalise templates across the industry. The idea is to provide consistency of clarity of fees and costs, so trustees can compare funds easily.
Mel DuffieldJanuary 15, 2019
Fees
Seeing pension costs should be easy
How much does it cost? It should be the most basic of questions from pension fund trustees when decisions are made about how to invest members’ assets, yet it appears this is often not the case. A lawsuit originating in the US state of Kentucky has the potential to change matters for the better.
Colin MeechJanuary 9, 2019
Editorial
Most popular stories of 2018
We are also pleased to say that you, our readers, are spending more time on our site, as evidenced by our 10 most read stories, which averaged 4.2 minutes per article. Thank you to all our interview subjects, readers and supporters over the last year. Below is a look at the 10 most popular stories of 2018.
Amanda WhiteDecember 20, 2018
Fees
Price war hitting active fees, too
Fee compression is here to stay. Only the few active managers that have met their benchmarks over the past few years have been immune. But make no mistake, asset owners will be reviewing all strategies for their value and fee models will continue to evolve.
Amin RajanNovember 26, 2018