Friday, 27 March 2015
Last updated 1 hour 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.
Mar 9 2015 | 6:35am ET
As more investors look to diversify, many are beginning to use retirement funds to invest in alternative assets such as private equity and real estate. Kelly Rodriques, CEO & President of PENSCO Trust Company, explains how companies can connect with those looking to use their retirement accounts in a different way. Read more…
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…