Table of Contents

Issue Date: Monday, January 7, 2019

News

Convergence puts global economic growth in holding pattern

ECONOMY

ECONOMY

The global economy is set to slow this year, as regions begin to converge after years of divergence.
Trade groups want more on SEC proposal

REGULATION

REGULATION

States and trade groups want action and more clarity from the SEC on its standards-of-conduct package proposal.
Cybersecurity put under investor microscope

ASSET SERVICING

ASSET SERVICING

Asset owners are examining Wall Street service providers, including managers and custodians, to ensure they have sound security practices.
Alternatives firms fuel 2018's increase in M&A

MONEY MANAGEMENT

MONEY MANAGEMENT

Merger and acquisition activity within the money management industry grew in 2018 from the year before.
Industry aims to build on things that already work

DEFINED CONTRIBUTION

DEFINED CONTRIBUTION

Defined contribution plans will build upon and enhance plan design and investment menus in 2019.
Rebound expected for stocks, bonds as China emerges

EMERGING MARKETS

EMERGING MARKETS

Asian stocks and bonds, battered as U.S. stocks surged for most of 2018, should attract the attention of value investors in 2019.
Hedge fund managers see chance to cash in on volatility

HEDGE FUNDS

HEDGE FUNDS

Hedge fund managers predict a better investment environment in 2019, thanks to a return to normal volatility.
Index investing: Not as passive as you might think
Index investing is passive in name only, a University of Toronto professor argues.
Smart beta funds could be moved to endangered list

ETFS

ETFS

Could ringing in 2019 be the death knell for many smart beta exchange-traded funds? If so, few industry participants would be surprised.
Patrick Roth joins staff as P&I web producer

STAFFING

STAFFING

Patrick Roth joined P&I from WTOP in Washington and previously has worked as a reporter at WSBT-22.
Money managers eager to make leap to opportunity zone investing

INVESTING/PORTFOLIO STRATEGIES

INVESTING/PORTFOLIO STRATEGIES

Money manager interest in opportunity zone investment is running high, but fund launches are low to date.
European funds souring over smart beta options

DEFINED CONTRIBUTION

DEFINED CONTRIBUTION

European defined contribution plan sponsors are reconsidering the value of smart beta investments because of disappointing performance.
Return of volatility, fee pressures top P&I's list of 2018 stories

MARKETS

MARKETS

P&I's top stories of 2018 saw investors girding for a world of change with the return of volatility, rising interest rates and fee pressure.

Special Report

Investment outlook 2019
P&I turns to the experts for their views on what to expect in 2018.

Frontlines

Editorial

Index fund warning must be heeded

EDITORIAL

EDITORIAL

The asset management world would be wise to pay attention to Jack Bogle's concerns about index funds.