Involving diverse investment firms in manager searches largely comes down to sourcing and intentionality, according to a public markets panel at the CalPERS/CalSTRS Catalyst conference held on June 26-28 in San Francisco.
Integrated Quantitative Investments has garnered its first institutional client as it celebrates three years since launching.
It is difficult for meaningful change to happen overnight. Most change takes years, if not decades, to truly gain footing and establish roots.
The headlines for the past few years have painted a bleak outlook for office and retail real estate – particularly in New York City where COVID-19 left many companies and their employees in a multi-year work from home situation.
The 20th anniversary of Consortium took a look back at the progress made around emerging and diverse managers over the past two decades but event panels also reiterated the work left to do.
Diversity among investment consulting firms in aggregate has remained stagnant over the past five years, the newest Diverse Asset Managers Initiative Investment Consultant Survey shows.
I have managers ask me about conferences to attend all the time. Whenever making any recommendations I always insert the disclaimer that much like investment returns, past performance is not indicative of future returns. That’s never been a concern with Consortium.
