Venture capital was the best performing private equity strategy with a return of 3.87% in the quarter. However, Will Kinlaw, head of State Street Associates, warned that fund distributions are outpacing capital draws over the last 33 months. Limited partners may be at a loss on whether to reinvest these assets in private equity.
Ileana Salas to head global institutional sales at Santander AM
July 15, 2015 by
Salas will help build relationships with sovereign wealth funds, pension plans, investment consultants, corporates, insurers, wholesale clients and family offices.
Mark Mobius to step aside as lead manager of Templeton Emerging Markets trust
July 15, 2015 by
His replacement, Carlos Hardenberg, who has been part of Templeton's emerging markets team for 13 years, will relocate to London as part of the reorganization, effective October 1.
MFS: Investors will turn to active strategies should volatility crank up
July 15, 2015 by
"At some point, we will see additional volatility and that creates opportunity for active managers to identify risks and generate alpha," said Joe Flaherty, chief investment risk officer at MFS Investment Management.
Pioneer adds Trilli to US-based offshore distribution team
June 11, 2015 by
Michelle Trilli will be responsible for managing the sales and distribution activity of the international business in the Northeast region of the US.
Deutsche adds star ex-JP Morgan private banker to Miami UHNW team
June 11, 2015 by
Deutsche AWM announced that Oti Roberts joined the private bank as a managing director and senior private banker, along with senior investment advisor, Freddy Menjivar, and associate banker, Scott Shuffield.
Capital Strategies gathers USD 1 billion in Latam for boutique global managers
June 9, 2015 by
From its office in Lima, the firm distributes the funds of several boutique fund managers, mostly to institutional investors, family offices and wealth managers in Chile, Peru and Colombia, said Nicolás Lasarte, director of Capital Strategies Latam.
Templeton Global Investor Sentiment Survey: Optimism dominates – except among Latin Americans
June 4, 2015 by
The study found that Latin American investor sentiment is on the decline, with an 11% drop in optimism, from 93% in 2014 to 82% in 2015. Brazil had the largest decline in investor optimism for reaching their financial goals, with a 19% drop to 71% compared to last year at 90%.
Aberdeen deepens global alternatives presence with purchase of US-based boutique
June 4, 2015 by
Aberdeen CEO Martin Gilbert (photo) said the purchase "strengthens further our private-market capability by bringing additional Asian expertise and new US resources." The acquisition enhances its multi-manager coverage of hedge funds, property- and private-market allocations, infrastructure and pan-alternative products.
Matthews Asia closes Pacific Tiger fund to new investors
June 4, 2015 by
The fund, which has raised USD 700 million from Latin American institutional investors, has been closed to new investors in order to "preserve the composition of the fund’s portfolio and continue to manage the fund in a manner consistent with its investment objectives," Matthews said.
