McKinsey Report: The Mainstreaming of Alternative Investments Fueling the Next Wave of Growth in Asset Management

Some welcome news out of McKinsey on the growth of the alternatives industry: The Mainstreaming of Alternative Investments Fueling the Next Wave of Growth in Asset Management
-Institutional investors to have 25% of portfolios in alternatives by end of 2013
-Growth of alternatives in retail market
-Increasing shift from relative benchmarks to absolute return
-Traditional asset managers move to [...]

How Pension Funds are Driving Hedge Fund Growth

Discussion of the Shell pension fund’s decision to begin to allocate to hedge funds.

7 Questions for John Rowsell from Man Investments

Latest Editorial Board contribution to All About Alpha, the official CAIA blog.

Reading list – Hedge fund industry climbs its ’slope of enlightenment’

From Today’s FT 
June 3, 2009
FT.com / UK – Hedge fund industry climbs its ’slope of enlightenment’.
 
 
I have been talking about the evolution of the industry for some time.
 
 
I have pulled out the last 4 paragraphs. Excellent summary of the state of the industry and the path forward.
 

From 2002 until late 2007, a growing wave of [...]

The one instance where politics and money don’t mix

How Pension Placement Agent Exploited Political Ties (Update1) – Bloomberg.com.
May 18, 2009
 
Kudos to Bloomberg to an excellent review of where we are with the placement agent model and the use of the politically connected to  make introductions.
 
- Apparently the well-connected politically – democrats mostly – have spent their time in the wilderness riding the alternative [...]