News
News from the Emerging Manager space.
As expected, the first quarter of 2020 was full of largely red numbers, particularly in public equity where only two firms posted positive numbers and just 22 firms in the domestic large-cap and small-cap space outperformed their respective benchmarks, according to the latest EMM quarterly performance rankings.
The National Action Network (NAN) recently sent a letter to five leading higher education institutions asking them to report on the diversity of their collective $117 billion in endowment assets as it looks to tackle the issue of utilization of diverse-owned asset management firms.
The position will conduct responsibilities related to program management, sourcing, portfolio construction/due diligence/approval and asset management, according to a posting for the position.
EMM Editor Matthew McCue took part in a webinar, How Boutique and Emerging Asset Managers Are Handling the Pandemic and Keeping their Clients Engaged, hosted by Sondhelm Partners last month.
GCM Grosvenor has shifted its Consortium event to a virtual conference.
An Employees Retirement System of Texas portfolio manager discussed the long-term effects of the COVID-19 crisis on the overall markets, the plan’s interests in the immediate term and how the plan is leaning on its existing relationships for potential commitments in a recent interview.
Investment consultant Verus was determined to not let the COVID-19 pandemic stop it from hosting its second annual Emerging and Diverse Manager Diligence Days in late March.
The six winners of the 14th Annual Emerging Manager Awards have been selected.
FIS Group and wholly owned subsidiary Piedmont Investment Advisors will rebrand into a combined corporate entity, Xponance, the firms announced.
