eVestment Blog

06 Oct

Predicting Top Quartile Private Equity Performance

“Past performance is not an indicator of future results.”   A well-known, well-used adage in the investment world, but how applicable is it to private equity? According to a number of research studies on the asset class, extremely. One of the first studies to investigate the persistence of PE performance was published in 2014 by [...]
04 Oct
fee research

Distribution Increasingly Key to Success in Asset Management

In the asset management business, distribution, the process by which asset management firms compete for and retain assets, is increasingly being recognized as a key component to firm success As the Boston Consulting Group points out in its recent “Global Asset Management 2017: The Innovator’s Advantage” report: “Tomorrow’s industry leaders will appear quite different from [...]
29 Sep

Quantifying the Impact of Investors’ Skill on Private Equity Portfolio Returns

While all institutional investors strive to predict and select top quartile private equity funds, there is a significant cost of missing out on these funds. According to various research studies, the difference between being invested in a top quartile and bottom quartile private equity fund has a significant impact on fund returns, reported at as [...]
22 Sep

Hedge Funds Hit Record $3.2T AUM as Investors Brush off Past

After a tough run with performance and investor redemptions in the past few years, investors have come back to hedge funds in a big way, adding $13.4 billion to global hedge funds in August. Those new investments coupled with performance increases bring hedge fund industry assets under management (AUM) to a record $3.209 trillion, according [...]
19 Sep

Home Depot, Citigroup Enter Top 20 Institutional Stock Holdings

Home improvement chain The Home Depot (at No. 19) and financial services firm Citigroup (at No. 20) cracked the top 20 list of most widely held equities among global long-only asset managers reporting to eVestment, according to the 2Q 2017 eVestment Institutional Stock Ownership Report. To make room for those two, Verizon Communications and Royal [...]
15 Sep

Investors, Consultants Show Rising Interest in US Strategies

Institutional investors and consultants using eVestment to screen asset managers and products in August showed increasing interest in US-focused strategies, with 12 of the top 20 products by month-over-month change concentrated on the United States, according to the just-released August 2017 eVestment Advantage Viewership Report. In addition, seven strategies showed multi-region appeal among consultants and [...]
13 Sep

Investor and Consultants’ Outlook for Private Markets Strategies

Private markets strategies have been attracting unprecedented interest from institutional investors in recent years, but how are current market conditions and macro factors influencing their future investment decisions and allocations? Using information sourced from documents available in eVestment Public Plan IQ, we looked at the research and commentary of leading investment consultants to discover their [...]
11 Sep

Brazil Funds Lead in Strong Month for Hedge Fund Returns

In a strong month for the global hedge fund industry, emerging markets hedge funds continued to shine the brightest, according to the just-released August 2017 eVestment Hedge Fund Performance Report. Brazil-focused funds lead the pack in August with +5.34% performance, bringing year-to-date performance to +16.88%. China-focused funds are the top performers so far in 2017, [...]
06 Sep

Nasdaq Agreement to Acquire eVestment Opens Up Possibilities

On Tuesday, September 5, Nasdaq announced that it will acquire eVestment.  The acquisition is expected to deliver attractive shareholder returns with a combination of recurring, predictable revenue, a strong track record of growth and attractive cash flow dynamics. The announcement was noted in media outlets around the world, including The Financial Times, The Wall Street [...]
31 Aug

Big Investment Moves Across Asset Classes, Geographies in 2Q

Although flows were largely flat relative to industry AUM in the second quarter of this year, certain asset classes and geographies saw outsized investor demand during the quarter, according to the just-released eVestment 2Q 2017 Traditional Asset Flows Report. During the quarter institutional asset managers saw aggregate redemptions of -$7.9 billion. Total institutional AUM for [...]