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Over the industry? Change it

The pension and funds management industry is self-serving. There are too many players, there’s too much jargon, too much leakage and too much patting each other on the back. And that’s not just my opinion: the results of a 12-month research project, across 60 countries and more than 3000 investors concur. The research by State […]
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Placement agents reject Californian reform

The institutional pull of CalPERS and CalSTRS is not enough for placement agents to change their practices, with a study of global placement agents revealing discontent over new legislation which requires them to register as lobbyists if they are working with public pension funds in California.