COVID-19 News

Industry-related updates to keep you in the loop on the effects of the COVID-19 pandemic. Stay informed and up to date.

Industry News
Ongoing: Institutions Rebound In Q2 As YTD Numbers Climb Closer To Even

The surging second quarter markets have left institutional investors breathing a sigh of relief as year-to-date and fiscal year numbers—while still not ideal—become more digestible after a gut-punch first quarter.

Industry News
Virtual Due Diligence Benefits Don’t Outweigh In-Person: Webinar

Pandemic leads to better access to top-level staff at investment management firms, but nothing compares to face-to-face due diligence.

COVID-19 News
Verus Warns Against Bold Moves In ‘Challenging’ Market Environment

With a second wave of coronavirus cases emerging in the U.S. and other countries, the near-term future of the market is almost impossible to predict, investment consultant Verus warned during a webinar held yesterday afternoon.

Bargaining Power Can Shift Back Toward LPs As COVID-19 Resets The PE Market: Study

Private equity general partners have benefitted from increasing commitment levels and oversubscribed funds, however, that leverage may shift back toward limited partners as the market cycle turns over.

COVID-19 News
Ongoing: Most Pension Funds Reporting Double Digit Q1 Losses

Pension funds across the country are beginning to report preliminary return information for the first quarter as the COVID-19 pandemic ravaged the markets.

COVID-19 News
Ongoing: Most Endowments Reporting Double Digit Q1 Losses

Endowments across the country are beginning to report preliminary return information for the first quarter as the COVID-19 pandemic led to a precipitous market decline.

Institutional Governance Should Focus On Rebalancing And Opportunities To Overcome Market Crisis: Report

Institutional investors must lean on governance-best practices to avoid being victimized by a market crisis such as the current one brought on by COVID-19, according to a recent report.

Multi-Asset/Investment Advisor
West Coast City Launches Pension Trust Services Search

A West Coast city has issued an RFP seeking pension trust administration services.

COVID-19 News
COVID-19 Continues To Leave Most Investment Management Offices Closed: Survey

A majority of offices in the investment management space, particularly in the Northeast region of the U.S., remain closed due to the COVID-19 pandemic leaving many managers unsure about when they will reopen.

COVID-19 News
COVID-19 Hits Smallest Endowments Hardest: Survey

Smaller endowments fared worse than their larger counterparts due to their significant exposures to domestic equity, according to a new survey