The world’s largest institutional investors are increasingly building their own home-region private equity programs, but turning to fund-of-funds for the rest of the world particularly when it comes to Asia, says a Hong Kong-based partner of the first fund-of funds to ever build a product covering that region.
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There is room for more innovation in funds management, says chief executive of PanAgora Asset Management, Eric Sorensen, who believes being different is critical to success. (more…)
Sovereign wealth funds have captured the imagination of investment professionals and politicians alike over the past few years. Perhaps because of the large sums of money at their disposal, there has been a degree of wariness about the intentions of some. Most, after all, are controlled by governments. (more…)
Stronger governance, management infrastructure and risk management have steered the China Investment Corporation through the global financial crisis and emerge with a large buffer of cash, the annual report says. (more…)
Towers Watson has revealed an alternative fee model for private equity which includes halving the base fee and a two-tiered performance-based fee linked to staff retention, earnings growth as well as returns.