Investing
T. Rowe Price's $27 billion New Horizons U.S. small-cap growth equity strategy will accept new investor money for first time since 2013.
Asset managers gave mixed views about the tech and real estate sectors, but were positive on consumer, renewables and electric vehicle companies.
The conditions that made a 60/40 portfolio a loser in 2022 have receded, with duration set to make a partial comeback or better this year.
Alecta said losses resulting from its 1% exposure to Silicon Valley Bank and Signature Bank will have a small impact on its investments.
Greater gender diversity on an investment team can add 45 basis points per year in net excess returns, a Willis Towers Watson analysis showed.
Institutional investors expect private markets to outperform public markets over the long term, an Adams Street Partners survey found.
Abrdn agreed to sell its discretionary fund management business to LGT for $169 million.
Faced with uncertainty in markets that could last decades, investors are rethinking their approaches to long-term investment.
Legendary short-seller Jim Chanos outlined his new short bets, including Coinbase and IBM, and his continued bets against Tesla and others, in a Twitter Spaces interview with Jennifer Ablan, P&I’s editor-in-chief. Read the full story.
TIFF Investment Management CIO Jay Willoughby said his clients are worried about inflation and that he likes Chinese stocks as the country reopens.
Despite a long-term horizon, some institutional investors are increasing their inflation-sensitive assets, Wilshire CIO Josh Emanuel said.
Strategic Investment Group, an OCIO specialist, promoted Nicole Kraus to president, replacing Brian Murdock, who retired last year.
Net inflows to Chinese equity have skyrocketed since November, but long-term investors have yet to reallocate.
Roughly a quarter of institutional asset owners are considering OCIO services over the next 24 months for alternatives and private assets.