Management

According to Goldman Sachs, the likelihood of a rise in government bond yields has increased and Goldman Sachs see this as a key aspect of the near-term macro outlook...

Global investors have regained appetite for risk against the backdrop of strong liquidity and a fairly positive economic outlook, according to the BofA Merrill Lynch Fund Manager Survey for June.

Man Group’s deal to acquire Pine Grove is part of a selective acquisition strategy that may boost the firm’s diversification and scale, Fitch Ratings says.

When wealth and income are as concentrated as they are, and expected (a la Piketty) to get even more so, examining the “average” consumer or “average” investor makes little sense. Examining the fat tail – the behavior of the plutonomists, rather than that of the multitudinous many – is more advantageous to investors. That’s what we have attempted in this report.

The California Public Employees’ Retirement System (CalPERS) today reported that costs for its investment operations have declined by approximately $80 million for the two-fiscal-year period from 2011-2013. CalPERS also reported that it was found to be "cost-advantaged" in a CEM Benchmarking (CEM) survey, when measured against its peers.