Revival of Bear Market’s Laggards Shows Perils of July Rebound

The most speculative corners of the market got a lift as traders started to dial back their bets on the Federal Reserve’s policy tightening path amid slower economic growth. In July, the S&P 500 notched its best month since November 2020. But some market watchers warn that such gains can’t be sustained.

Revival of Bear Market’s Laggards Shows Perils of July Rebound

Bitcoin Slips After Best Month of 2022 as Traders Weigh Recovery
Volatile markets, growing complexity underscore demand for OCIO

Increasing complexity of assets. A need to move quickly to adjust to volatile markets and uncertainty. Those are just a few of the reasons why industry experts and consultants say demand for outsourced CIO managers will only continue to grow.

According to data compiled by Pensions & Investments, OCIO assets managed for institutional investors worldwide with full or partial discretion surged to about $2.66 trillion as of March 31, up 5.4% from 2021 and 86.1% from 2017.

Volatile markets, growing complexity underscore demand for OCIO

More Investors Consider Direct Route to Owning Stakes in Private Firms

Investors have committed billions of dollars over the past several years to fund managers that buy modest stakes in private-equity firms, but some of those same investors now want to go it alone.

“Private equity is a great business to own with highly recurring revenue, high free cash-flow margin, large upside kicker in the form of [profit shares or] carried interest,” said Brendon Parry, managing director of private investments with TIFF Investment Management. The nonprofit organization, which acts as an outsourced chief investment officer for other nonprofit groups and foundations, is considering investing directly in firm-management companies.

More Investors Consider Direct Route to Owning Stakes in Private Firms

Traditional Managers Have ‘Nowhere to Hide.’ Can Hedge Funds Pick Up the Slack?

With fixed income falling short in protecting on the downside, TIFF Investment Management is betting on hedge funds to help diversify some investment risks.

Despite the bad headlines and their mixed track record, TIFF Investment Management, will keep betting on hedge funds to soften the blow of market stress.

Traditional Managers Have ‘Nowhere to Hide.’ Can Hedge Funds Pick Up the Slack?