Welcome to Pensions & Investments' eighth annual Databook.
In this issue, readers will find a collection of charts, tables and statistics on a variety of investment management subjects. This compendium is a reference book for tax-exempt fund executives as well as executives of money management firms, consulting firms and other vendors.
A good portion comes from the pages of P&I during 2008. As regular readers know, P&I publishes a vast amount of data about pension funds and other institutional investors every year, mostly from our own surveys. Our goal with Databook is to capture most of that data in one place. Among the highlights are two big rankings undertaken jointly with Watson Wyatt Worldwide one on the world's largest money managers and another on the world's largest pension funds.
Other rankings from P&I included in the Databook are the largest real estate money managers, the largest international/global money managers, U.S. defined contribution money managers and the growth of indexed assets.
From our money manager issue in May, you'll find a listing of the largest money managers with U.S. tax-exempt assets under management, listings of top managers ranked by investment styles and a list of managers that assign the most assets to others.
Except for correcting obvious errors, the information on the pages that follow is identical to what we published during the year. It is not updated from the original reporting date.
We've also tapped outside sources to provide information we hope our readers will find useful and interesting. Data Editor Aaron Cunningham mined information from several sources to provide unique content not found in the pages of P&I. For endowments and foundations, top 50 lists are just the beginning; the sections are filled with detailed information on asset growth, spending and asset allocation. The hedge fund section features a ranking of the largest hedge funds and a tally of launches and liquidations, plus index performance as well details on the biggest winners and losers. For private equity and venture capital, we offer performance and fundraising figures as well as information on the size of the market.
There's also a markets section that highlights the fall of global equities as well as the rise of the U.S. dollar and the rise and fall of the commodities market, plus interest rate data and a peek at some of the winners and losers of the Dow Jones Global Titans. The credit crisis section has tables and graphs illustrating how the financial services industry was jolted in the past several months.
Online extras include an interactive chart that tracks the capital infusions of financial companies around the world and a table showing the employment levels of U.S. publicly traded money managers. Both are at http://www.pionline.com/charts.