Amanda Tepper News Today

Ravi Venkataraman, a former executive at MFS Investment Management, joined Chestnut Advisory Group as managing partner.

“Extensive research shows that no amount of competence can compensate for a lack of warmth,” according to Chestnut Advisory Group.

Outsourcing “was basically born out of crisis,” said Amy Lynch, co-founder of FrontLine Compliance.

Fidelity Investments is building out a new diversifying solutions unit to meet client demand for alternative investment strategies.

Only 27 percent of respondents said they are happy with the diversity at the managers in their platforms, according to a Chestnut Advisors survey.

Sixty-three percent of institutional investor respondents said they’re “just getting started” in their overall ESG efforts, according to a Chestnut Advisory Group survey.

Fueled by increased investment complexity and easier hiring processes, the global OCIO industry grew to $2.49 trillion in 2021.

The late Harvard Business School professor Clayton Christensen found that in many sectors, low-end disruptors take hold at the bottom of the market and then work up to satisfy more demanding segments.

What does an investment management firm look like when it's redesigned based on first principles and based on the true "jobs to be done" of an investment manager?

Boutique deals are more likely to work than transactions done for scale. But integrate them — don’t keep them independent.