public equity

Investor Profile

External equity: A worry at Wellcome

The £26.8 billion Wellcome Trust continues to reduce its allocation to external equities managers as the investment committee focuses on currency exposures, ESG and hedge funds,the impact of low interest rates and the position of the credit cycle in 2020.

Sarah RundellJanuary 20, 2020

Private Equity

PE outperformance doesn’t add up

Thanks to recent history, flawed methodology and ill-chosen indices, most say PE consistently outdoes public equity. But the right data tells a different story, Oxford academics write.

Ludovic Phalippou and Neroli AustinAugust 29, 2018