News

Pension funds and endowments have been the backbone of the hedge fund industry for much of the past decade. But many of these institutional investors are now turning away from the $3tn-in-assets sector, dismayed by high fees and relatively lacklustre returns.

Knights of Columbus Asset Advisors, announced that it has launched the first Catholic All Cap U.S. Index Fund (I Shares ticker: KCXIX) within the Catholic Investor Fund Family.

A Florida city is searching for an investment advisor for its approximately $200 million investment portfolio.

A pension fund in the West Coast has terminated two non-U.S. equity managers in favor of passive management.

A Texas plan bolstered a private equity commitment last week.

A Sooner State pension fund terminated two domestic mid-cap equity managers as part of a portfolio restructuring.