Wednesday, 7 October 2015
Last updated 12 hours ago
Jul 7 2011 | 9:27am ET
Towers Watson has merged three of its investment research teams, including a pair of specialist teams covering hedge funds and private equity.
The consultancy has unified its manager research, asset research and Thinking Ahead groups, it said. Manager research covers both traditional and alternative investments.
Towers' 20-strong hedge fund team, which works with clients on direct hedge fund investments, and its 30-member private markets team, which works with clients on direct private equity, real estate, infrastructure and private markets portfolios, are also included in the new group, headed by Craig Baker. The hedge fund team advises on about $15 billion in assets and the private markets team $40 billion.
"The new structure will allow us to better resource investment opportunities as they arise as well as reinforce the inclusive framework for beta and alpha which we advocate," Carl Hess, global head of investment, said.
Oct 7 2015 | 4:57am ET
Charity A Leg To Stand On (ALTSO) will hold its 12th Annual Hedge Fund Rocktoberfest – NYC on October 15 and its 4th Annual Rocktoberfest - Chicago on October 22. Read more…