Performance is getting some equity managers in hot water with CalPERS.
Returns for Barclays Global Investors' enhanced equity business have skyrocketed after the strategies posted staggeringly low returns last year.
Interest in global tactical asset allocation has soared this year as investors look to diversify in a post-credit crunch environment.
When the Federal Reserve moved to fix panicked fixed-income markets last fall, Stephen Walsh, chief investment officer, and other WAMCO officials thought credit was safe again. They were wrong.
Sovereign wealth funds should not be subject to strict disclosure rules despite concerns over their increasing presence in global markets, the CIO at the Abu Dhabi Investment Authority argued at a CalPERS forum.
Equity markets continued to pummel money manager assets under management in the second quarter but the volatility had one advantage — it separated the wheat from the chaff.