“Harvard’s #endowment is still the largest in the world with $37.1bn in assets. It started this year with a leaner structure; Narvekar has halved its 230-strong staff, outsourcing funds to external managers” via @IPEnewsipe.com/analysis/lette…
Japan’s ¥163trn Global Pension Investment Fund revises fee arrangements (illustrations):
- payoffs under performance-based fee structure; and
- introduction of a ‘carryover mechanism’ to its fee structure, designed to promote long-term investment.
Drew, Walk & Co. (DWC) was formally established as a partnership in late 2012 by Dr Michael E. Drew and Dr Adam N. Walk after a number of years working as colleagues in the financial and university sectors.
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