In Focus

The third wave: A tipping point for outsourced execution services in the US

The third wave: A tipping point for outsourced execution services in the US

By Gary Paulin (pictured), Global Head of Integrated Trading Solutions, Northern Trust Capital Markets – The asset management industry is facing unprecedented pressure from competition, fees, regulatory and compliance challenges, technology costs and shifting product demand. The resulting squeeze on margins is forcing many to lower operating costs and increase scale via consolidation and/or outsourcing. 

Interview

Asia specific – How The Carlyle Group is catering for Asia's new appetite for PE investments

Asia specific – How The Carlyle Group is catering for Asia's new appetite for PE investments

As investors scramble to build their private equity allocations, PE groups are responding in kind in a bid to meet demand. Developing new products, however, is no easy task. If it is done in a vacuum, without genuine investor interest, or if a fund is developed too quickly, such that the manager is unable to deliver on the investment promise, the outcome is often bad. 

Interview

Smaller buyouts outperforming their larger cousins, but riskier, says new research by Pantheon

Smaller buyouts outperforming their larger cousins, but riskier, says new research by Pantheon

By Paul Bryant – “We had a hunch that small and mid-cap managers had more ‘juice to squeeze’ from their deals and deliver higher returns than large-cap managers. But we didn’t have hard evidence to back that view up,” says Dr Andrea Carnelli Dompé, vice president at Pantheon, an investor with USD46 billion of assets under management in private equity, infrastructure and real assets.