"We’re packaging an active strategy in rules-driven index, where security weights can change dynamically as relevant factors and big data indicators evolve," said Will Kinlaw of State Street Global Exchange.
State Street: Global private-equity funds posted 10.4% gains in 2016
"In private markets, we saw heightened exit activity in recent years as managers took the opportunity to exit their investments. Recently, however, capital calls have slowed, ” said State Street Associate's Will Kinlaw.
Sovereign wealth funds boost allocations into emerging markets
Sovereign wealth funds are significantly increasing allocations to private markets (private equity, real estate and infrastructure) and emerging markets, says Will Kinlaw of State Street Associates.
Strong VC performance drives jump in State Street’s GX Private Equity Index
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.