News
News from the Emerging Manager space.
Public pension funds have emerged as consistent leaders in their commitment to diverse-managed funds, however, new research reveals significant challenges among the institutional investment landscape where even substantial increases in fund size and state economic growth yield only marginal benefits.
Clearly defined goals, alignment and prioritizing networking and the ecosystem are among the key recommendations to creating and sustaining a successful emerging manager program, a new report shows.
News briefs for this month include a recent departure from an international equity manager and a new book providing guidance for board members.
Despite growing up in an “ecosystem of finance,” the investment industry was always a backup plan for DeAnna Ingram Jones.
Amy Flikerski, managing director and head of external portfolio management at Canada Pension Plan Investments, recently discussed the C$675.1 ($480) billion plan’s emerging manager program on a podcast.
The California Public Employees’ Retirement System continued its efforts to increase the use of emerging and diverse asset managers within its portfolio with more than $8 billion committed to managers in the last fiscal year, the plan reported.
Recast Capital has announced that 25 venture capital funds will join the second cohort of its program aimed at helping women and nonbinary-led early stage funds run institutional quality funds.
New Century Advisors added two new members to its team during the third quarter.
Carlos Chujoy has joined emerging manager-of-managers Leading Edge Investment Advisors as a senior v.p., President and CEO Clayton Jue confirmed, in an e-mail.
