Ohio’s largest public pension system is suing Facebook, saying the social-media giant misled investors and other members of the public about the risks its products posed to children.
A new study from bfinance, the independent investment consultancy, has revealed that institutional asset management fees have fallen significantly in a number of asset classes – particularly certain ESG or Impact strategy types.
The appointment of these partners reflects Castlelake’s desire to elevate differentiated talent across the organization and continually optimize its leadership.
Gary Gensler, whose resume includes a stint at Goldman Sachs Group Inc., says he’s amazed that the hedge fund 2-and-20 fee model has prevailed in the decades since he left Wall Street.
Improved funded status and a potential interest rate hike ahead signal a time for rebalancing and de-risking for corporate defined benefit plan sponsors.