active management

Fees

GPIF fee structure aligns interests

The world’s largest investor restructured how it pays its active mandates to get more certainty from managers. Its actions, which were taken after self-reflection, will affect the entire sector.

Amanda WhiteJune 25, 2018

Asset Allocation

Thirst for data serves Mass PRIM

The $71.9 billion Mass PRIM pores over the numbers to be sure it pays active managers only for skill. That's just one way it uses intense analysis to deliver.

Sarah RundellMay 30, 2018

Industry events

GPIF insists on paying only for alpha

Hiro Mizuno, CIO of the world's largest investor, told the CFA conference that in exchange for multi-year commitments its mandates would now claw back fees when firms don't reach alpha targets.

Amanda WhiteMay 21, 2018

Opinion

Canadian case for active management

Many active managers in Canada were able to exceed a passive benchmark return by 50-100 basis points, net of fees, for the decade ending December 31, 2016, Russell Investments research has found.

Bruce CurwoodMay 17, 2018

Asset Allocation

Texas Teachers overhauls equities

Texas Teachers has made extensive changes to its equities portfolio, increasing risk premia, reducing active management and applying new strategies developed by the fund’s research arm.

Amanda WhiteNovember 30, 2017

Asset Allocation

CPPIB active in emerging markets

The Canada Pension Plan Investment Board has increased its focus on emerging economies, using active management to access local expertise and maximise its advantages of scale.

Sarah RundellOctober 11, 2017

Fees

GPIF fee structure aligns interests

Asset Allocation

Thirst for data serves Mass PRIM

Industry events

GPIF insists on paying only for alpha

Opinion

Canadian case for active management

Asset Allocation

Texas Teachers overhauls equities

Asset Allocation

CPPIB active in emerging markets

Local Pensions Partnership

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