Tag: investment management
The brief’s key findings are: As state and local pension plans have increased their investments in alternative assets, they have taken on more external asset managers. However, due to concerns about fees, some large plans have started to reevaluate the size of their external team. This study explores how the number of managers affects fees…
Most people see multicolored chaos in the chart below, which is a visual representation of the returns each year to various types of investments. Morningstar Inc.’s director of quantitative research, Timothy Strauts, sees something else: the need for a diverse portfolio. Strauts, like most investment professionals, knows the Callan Periodic Table of Investment Returns. It…