Real Estate
IRR hurdles result in excess fees
The focus on IRR hurdle rates has led investors in value-add and opportunistic funds to underperform real estate core funds, according to Mitch Bollinger.
Ben PowerJune 11, 2020
management;
Investment Strategy
Crisis environments illustrate a classic ‘failure of diversification’
Higher equities and fixed income valuations will lead investors to rethink their assumptions of diversification.
Ben PowerJune 8, 2020
Events
Insights from MassPRIM’s portfolio realignment
Massachusetts Pension Reserves Investment Management’s senior investment officer talks about the effects of its major recalibration of of its hedge fund program in recent years.
Keith BarrettSeptember 20, 2016
Hedge Funds
SWFs need customisation and engagement
Broadly speaking, there are three kinds of sovereign wealth funds (SWFs): natural resource funds such as those of Abu Dhabi and Kuwait, foreign reserve funds such as China’s and Singapore’s, and pension reserve funds, such as those we have in Australia and New Zealand. In view of the rapid growth of SWFs, it is important […]
Frederic DucoulombierMay 21, 2012
Investment Strategy
Eight Investment Partners’ growing pains
Building boats is somewhat of a tradition in the Steele family. Rick Steele, the chief executive of Eight Investment Partners, and his brother made sailing dinghies growing up on the banks of Tasmania’s Tamar River. Their father constructed a boat out of Celery Top Pine. Now Rick Steele wants to build an asset management firm […]
I & T NewsApril 13, 2012
Investment Strategy
Commonwealth Superannuation Corp. hires Peter Carrigy-Ryan as CEO
Peter Carrigy-Ryan, the former chief operating officer of Australian Reward Investment Alliance, has been hired as chief executive of the $24-billion Commonwealth Superannuation Corp.
I & T NewsSeptember 20, 2011
Hedge Funds
$8bn NZ fund gives JPMorgan big custody job
New Zealand’s Accident Compensation Corporation (ACC) has dumped ANZ in favour of JPMorgan to handle its Australian custodial services.
Staff WriterMay 20, 2008
Investment Strategy
$8bn NZ fund gives JPMorgan big custody job
New Zealand’s Accident Compensation Corporation (ACC) has dumped ANZ in favour of JPMorgan to handle its Australian custodial services.
Staff WriterMay 20, 2008