Historically Black colleges and universities have done yeoman’s work developing and producing leaders in the financial services and investment sectors in the face of funding cuts and other institutional barriers.
The New York State Insurance Fund anchored this year’s Emerging Manager Week in the Empire State with its 16th annual MWBE investment symposium.
A total of 315 products were considered and managers were ranked based on the following criteria: excess returns over the benchmark, performance versus peers, product asset growth, product asset percentage growth and information ratio.
Alternative asset classes continue to be a growing space for institutional investors searching for alpha and emerging managers looking to make names for themselves and deliver returns.
Funds within emerging manager programs have been impacted more directly than larger firms since private equity fundraising began slowing down several years ago, mostly due to timing and limited partners being more selective.
The John S. and James L. Knight Foundation will release the latest iteration of its Diversity of Asset Managers Research Series this year.
Pushback on DEI initiatives across the country have left many institutional diversity champions pivoting and others quietly letting programs go dormant.
Active equity may be poised for a comeback after a period of passive dominance and market concentration, though the timeline for a shift remains elusive, according to several industry representatives.
Asset Growth, New Programs Come From Familiar Institutions
Venture capital firm The Veteran Fund is dedicated to investing in veteran-led technology startups that seek to move the U.S. forward.
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