Plus, Dai-ichi Life/M&G tie-up, dollar/Treasury yield correlation, and Daniel Katz at Sotheby’s
Leading industry figures say some act more like passive funds that track benchmark indices
Opportunity for expansion comes as big investors reassess allocations to US and the buyout sector
Well, kinda, maybe, maybe not
Plus, Canada’s pension investments, record fund sales, and Giacometti at the Barbican
Government plans for infrastructure are ‘huge opportunity’, says CDPQ chief
Move comes amid FTSE 100 company’s wider restructuring in push to acquire more private assets
More investors will own private assets in one form or another in the next few years — but not all strategies are created equal
It’s not just a lifer issue
World ex-US funds have long been out of favour but have attracted $2.1bn in assets over past three months
Number of mandates under review over asset managers’ record is growing, consultants say
Plus, Bill Ackman’s big bet, Hong Kong shares outperform, and the call of Patagonia
AI, big data and distributed ledger technology can rewire the industry
Mandating UK equities in tax-free accounts would destroy any culture of investing we already have
Plus, Pimco’s warning, a US copper rush and the National Gallery’s rehang
Demand from retail funds has allowed big institutions to sell buyout stakes at attractive prices despite industry slump
Plus, Trump adviser struggles to calm investors, the US economy contracts, and Edvard Munch at the National Portrait Gallery
The key conversation in asset management now is around the new “neutral” level for portfolios
Average fees for active funds are seven times higher than trackers
Plus, Elliott’s ‘lone wolf’, US stocks underperform, and Grayson Perry at the Wallace Collection
Second-largest asset manager has its sights set on UK, Europe, Canada, Latin America and Australia instead
European investors pull money from sector for first time in sign that US scepticism of ‘woke capitalism’ is spreading
The use of liquidity tools enables providers to beef up returns on customers’ uninvested cash
Former UK fund manager plots Easter comeback but his new ‘investment strategy platform’ has some obvious flaws
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