As value stocks emerge from their 15-year slump, it’s become increasing hard to be a true, deep-value manager. Here are seven managers to watch, and how they view value in today’s environment.
Manager Activity and interest in private equity has remained strong and though demand has been uneven following the Covid-19 outbreak, appetite for the asset class is set to remain high and the fundraising market strong.
A discussion around due diligence in a lockdown environment finds that allocators have tended to stick with existing relationships through the pandemic making it difficult for managers approaching investors for the first time to form relationships and win mandates.
U.S. private equity firm Arclight Capital Partners LLC, which invests the retirement savings of Maine teachers, NFL football players and Mayo Clinic doctors, lost hundreds of millions of dollars betting on a troubled Caribbean oil refinery, according to sources and documents reviewed by Reuters.
A city in the South has issued an RFP seeking a firm to provide investment management services for its cemetery trust fund due to the impending contract expiration of its current provider.
A 529 plan in the West has issued its RFP seeking a program manager to provide investment, marketing, distribution, record keeping, cash management, custody administration and customer service functions.
A trust fund in the South will consider a new target asset allocation at its June 18 board meeting following a recommendation from its general investment consultant at a board meeting last week.