Temple Associates
Advice for Fund Managers, Securities and Banking Firms
Showing posts with label
Investment Management
.
Show all posts
Showing posts with label
Investment Management
.
Show all posts
21 Aug 2023
Acquisitions can easily misfire - especially in a People business like Fund Management
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Goldman Sachs explores investment adviser sale in retreat from mass market Careful due diligence can mitigate risks associated with Acquisit...
12 Aug 2020
Outsourced CIO (OCIO) - solution of fad?
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Basically the OCIO (or 'fiduciary') approach to manage institutional portfolios is a move back to what once was popular as the '...
27 Jul 2020
ESG creates quagmire for Fund Managers
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And business in general. The demands from lobbies and interest groups will expand and no action by managers and businesses will be enough t...
21 Oct 2019
Fund Management Consolidation - a caveat
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Anath Capital acquires Stratton Street and will integrate the credit fund manager's $500 Mio AuM with its Garraway Capital s...
26 Apr 2019
Asset Managers strive to cut Banks out of Forex Dealing
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Not sure that FX trading is such a significant drag on performance. Maybe fund managers should just do less frantic in- and out trading. And...
4 Dec 2018
Balyasny said to cut 125 People
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It is quite amazing that a Hedge Fund - or any Investment Manager - with an AuM just under $12 billion can have a cast of hundreds, more tha...
29 Nov 2017
Active ETF's - just a type of Closed-end fund?
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ETF's have not been really tested in a major market downturn or panic. 2008-09 does not count as amounts involved were still quite small...
7 Oct 2017
Zero Fund Management Fees?
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Maybe at first sight it appears reasonable to wave any fund management fee if the performance does not match the agreed benchmark. And why n...
8 Sept 2017
Investment Management: No limits to Size?
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Talk of (inevitable?) concentration in the Investment Management universe must lead to the obvious question: is it really inevitable as many...
1 Jun 2017
Is big better in Money Management Biz?
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Bigger does not necessarily mean better. Big fund managers did something right otherwise they would not be big. But that could also be their...
17 May 2017
Vanguard's new UK Online Offering
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Afraid this is the way things will go - I remember the time (more than 45 years ago) when Robeco's international flagship fund charged ...
4 May 2017
Risk Parity: Just another name for Portfolio Insurance?
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Risk Parity - like Smart Beta or Factor Investing - is old wine in new bottles. A Bull market always needs a rationale to justify the irrati...
13 Apr 2017
Compensation: Excessive focus on individual performance dangerous
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Compensation based on share price development? This is contrary to all sensible pay schemes and one of the main contributing factors to exce...
20 Mar 2017
Texas Teachers - new Fee Model for Hedge Funds
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Will 1+30 become the new standard? Relating the higher performance fee to some kind of hurdle rate is the problem. Which rate is suitable? A...
18 Mar 2017
AllianceBernstein tries Performance Fees
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The basic fee of 0.05% in case the funds underperform are quite meagre, will this approach be sustainable? The fee income has to pay for a l...
29 Nov 2016
FCA Interim Report on Fund Management
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It is always reassuring that the cast of thousands employed in the recently-established regulatory silos are put to good use. Even if it is ...
29 May 2016
End of Hedge Funds?
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Gloom and Doom may work for Marc Faber but it should not overshadow rational analysis of the Hedge Fund Industry.
24 May 2016
DIY Pensions -like DIY Brain Surgery
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The idea that the average person should be wholly/predominately responsible to save for his/her retirement is laughable. It may appeal to do...
8 Dec 2015
ABP to introduce 'Climate Budgets'
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Does it really make sense to introduce ' Carbon Budgets ' as a constraint on the mandates for Asset Managers? First of all, the ca...
18 Nov 2015
Hard to believe: Competition Inquiry into Fund Management
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Bureaucrats are hard-pressed to find enough to occupy the enormous number of people working at the UK's regulatory body, the FCA. The ir...
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