Manager Universe

Manager Universe

A comparison of one money manager's performance to a group of comparable peer money managers, or another term for the manager peer group. This is done periodically to maintain competitiveness and to judge a particular manager's performance. The practice has become controversial, as some believe that manager universes are too broadly defined to accurately demonstrate the skill of a particular manager and that they suffer from survivor bias because bad managers drop out or are fired. See also: Evaluation period.
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Although the alternative asset manager universe continues to be dominated by pension fund assets, as solutions have continued to evolve that are better aligned to investor needs and incorporate lower cost structures, we have seen growing interest from other investor groups such as insurers looking to lock in alpha opportunities presented by continued volatility," WTW's global head of manager research Luba Nikulina said in a statement.
Launched on March 31, 2012, RAM's Strategic Core strategy is ranked in the top 8 percent of the eVestment US core fixed income manager universe for its five-year performance ending March 31, 2017, returning 3.
Returns need only to be competitive with the rest of the broad manager universe, both for ESG and conventional strategies," she says.
The GIPF, in conjunction with the then newly appointed investment consultant RisCura, reviewed the past underperformance of the GIPF relative to the comparative balanced manager universe and decided to make adjustments based on the fund's ability to access the best skills available in the market for a variety of niche investment mandates," said Maria Dax, the general manager of marketing and communications at GIPF.
Although Callan has an open door policy and its consultants meet with a spectrum of investment managers each year, the Callan Connects program enables the firm to demonstrate its commitment to inclusivity and diversity and strengthen its knowledge of the continually changing manager universe.
The accompanying chart shows the bond index and the median return among 35 stable value funds in the manager universe of eVestment, Marietta, Georgia.
The former ranks in the first quartile of eVestment Alliance's emerging markets equity manager universe for the three and five years ended December 2012, with an annualized excess return since its October 2007 inception of 4.
The data partnership, which initially incorporated eVestment's US manager universe data into InvestorForce's reporting platform, has been expanded to include eVestment's manager universes for Canada, UK, Europe, Japan, Asia-Pacific, Australia as well as Emerging Markets, EAFE and Global mandates.
1% for the MSCI EAFE-ND [net dividend] benchmark, and ranked in the top decile of the eVestment Alliance EAFE Large Cap Core manager universe for three and five years.
Detailed analysis examining the history and development of the industry, fundraising trends, performance analysis, dealflow, fund manager universe, institutional investors, buyout service providers, fund terms and conditions and much more.
For the three and five years ended March 2012, within the eVestment Alliance's large-cap growth manager universe, both earned ranks in the top decile.
During 2008 and 2009, an unprecedented performance gap of more than 100 percentage points stood between the top and bottom performance deciles in HFR's manager universe (the bottom decile was down 62% in 2008).

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