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      For more than 55 years, Institutional Investor has delivered the news and analysis that investment professionals need to succeed and stay relevant. Our coverage of the global asset management industry helps you to stay ahead of the curve on the trends and stories that impact your world.

      Schroders: Half of U.S. Investors Expect Greater Vol than 2008

      Schroders: Half of U.S. Investors Expect Greater Vol than 2008
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      Managers’ Bullish Outlooks Remain — But the Price of Gold Is Telling a Different Story

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      The Rise of Oil Options: Why More Traders Are Getting Involved

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      Will 2025 Be the Year of Diversification in Equities?

      Will 2025 Be the Year of Diversification in Equities?
      Artificial Intelligence, Meet Private Equity. They’re Here to Help.

      Artificial Intelligence, Meet Private Equity. They’re Here to Help.
      Model Portfolios to Deliver Alternative Asset Exposure

      Model Portfolios to Deliver Alternative Asset Exposure
      Solana vs. Bitcoin vs. Ethereum: How Do They Compare?

      Solana vs. Bitcoin vs. Ethereum: How Do They Compare?
      Open Architecture and Next-Gen Technology Help Support Model Delivery

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      Maximizing Impact: The Role of TAMP Selection in Effective Investment Distribution

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      Private Equity’s Fundraising Demands Far Outstrip Supply

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      Infrastructure Debt Positioned Well for the Year Ahead

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      Cornell’s CIO on Endowments Selling PE Stakes: ‘I Don’t Know What’s Going on There’

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      Opinion: Can the ‘Alpha in the Elevators’ Give Active Managers the Edge They Need?

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      Brian O’Neil (Briefly) Pauses His Retirement to Oversee Wallace’s $1.7B Portfolio

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      Seattle Children’s CIO Puts Conviction Over Diversification

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      Prudential’s Tim Schmidt Wins the 2025 Allocator Lifetime Achievement Award

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      Private Markets Investment Outlook Q2 2025: Opportunities Amid Uncertainty

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      VC Is Down — But Private Placements for Post-IPO Companies Are Up

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      The Troubles Plaguing Private Capital Create a Windfall for Secondaries

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      REITs Are in a Rut

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      Why Private Equity Wins: Reflecting on a Quarter-Century of Outperformance

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      Rising Federal Debt and Fewer Institutional Buyers Means an Increased Need for Private Credit

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      Future Return Expectations Are Not a Straight Line, Especially in U.S. Equities

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      Third Point Boosts Market Bets in May

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      Seattle Children’s CIO Puts Conviction Over Diversification

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      GTCR: PE Needs to Stop Looking for the ‘Perfect Time to Sell’

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      Gary Gensler: Institutions Should Be Sweating Over the New U.S. Economic Trajectory

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      NC State Treasurer Wins His Fight for Reforms to Resuscitate State Pension

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      Higher Taxes Could Reshape How Endowments and Foundations Think about Almost Everything

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      Profit Pressure: Why COOs and CFOs are Bracing for a Tough 2025

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      Maryland Retirement Appoints New (And Familiar) Acting CIO
      Private Equity’s Fundraising Demands Far Outstrip Supply

      Private Equity’s Fundraising Demands Far Outstrip Supply
      NC State Treasurer Wins His Fight for Reforms to Resuscitate State Pension

      NC State Treasurer Wins His Fight for Reforms to Resuscitate State Pension
      Cornell’s CIO on Endowments Selling PE Stakes: ‘I Don’t Know What’s Going on There’

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      Trend-Followers Stumble Into One of Their Worst Years

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      Profit Pressure: Why COOs and CFOs are Bracing for a Tough 2025

      Profit Pressure: Why COOs and CFOs are Bracing for a Tough 2025
      Investors Reach for What They Recognize

      Investors Reach for What They Recognize
      CFOs and COOs Show Less Favor in Emerging Markets

      CFOs and COOs Show Less Favor in Emerging Markets
      Out with the Old, in with the New

      Out with the Old, in with the New
      Expert Perspectives: C-Suite Insights from II’s Exclusive Forums

      Expert Perspectives: C-Suite Insights from II’s Exclusive Forums
      Allocators and Asset Managers Tell Us What Concerns Them Most

      Allocators and Asset Managers Tell Us What Concerns Them Most
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      Rising Federal Debt and Fewer Institutional Buyers Means an Increased Need for Private Credit
      Trump 2.0 and the Markets

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      Investors Reach for What They Recognize

      Investors Reach for What They Recognize
      Strategic Gaps and Leadership Blind Spots

      Strategic Gaps and Leadership Blind Spots
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      Shifting Product Priorities: What Firms Have Added in the Last Five Years
      CIOs Tell Us What Concerns Them Most in 2025

      CIOs Tell Us What Concerns Them Most in 2025
      Expert Perspectives: C-Suite Insights from II’s Exclusive Forums

      Expert Perspectives: C-Suite Insights from II’s Exclusive Forums
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      Bear Market Warning Signals Begin to Emerge
      Rising Federal Debt and Fewer Institutional Buyers Means an Increased Need for Private Credit

      Rising Federal Debt and Fewer Institutional Buyers Means an Increased Need for Private Credit
      Trump 2.0 and the Markets

      Trump 2.0 and the Markets
      Valuations Have Dropped, but Not Enough to be “Cheap”

      Valuations Have Dropped, but Not Enough to be “Cheap”
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      Fireside Chat- The New Credit Playbook: Convergence, Liquidity, and Innovation in Institutional Portfolios
      Higher Taxes Could Reshape How Endowments and Foundations Think about Almost Everything

      Higher Taxes Could Reshape How Endowments and Foundations Think about Almost Everything
      Infrastructure Debt Positioned Well for the Year Ahead

      Infrastructure Debt Positioned Well for the Year Ahead
      Future Return Expectations Are Not a Straight Line, Especially in U.S. Equities

      Future Return Expectations Are Not a Straight Line, Especially in U.S. Equities
      C-PACE: The Rapidly Growing Corner of Real Estate Finance Catching Institutional Attention

      C-PACE: The Rapidly Growing Corner of Real Estate Finance Catching Institutional Attention
      Hurricane Season: Insurance-linked Securities and Navigating Non-financial Risks

      Hurricane Season: Insurance-linked Securities and Navigating Non-financial Risks
      Why Bitcoin's Relationship with Equities Has Changed

      Why Bitcoin's Relationship with Equities Has Changed
      II Live: Seizing the Model Moment

      II Live: Seizing the Model Moment
      U.S. Imports Surge Amid Tariff Uncertainty

      U.S. Imports Surge Amid Tariff Uncertainty
      Rising Federal Debt and Fewer Institutional Buyers Means an Increased Need for Private Credit

      Rising Federal Debt and Fewer Institutional Buyers Means an Increased Need for Private Credit
      Trump 2.0 and the Markets

      Trump 2.0 and the Markets
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      MassMutual Fan Pier Campus | Boston

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      2025 European Fixed Income Trading Summit

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      第20回年次日本投資フォーラム 20th Annual Japan Investment Forum

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      2025 한국 글로벌 투자 포럼 2025 Korea Global Investment Forum

      Four Seasons Hotel Seoul | Seoul

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      2025 MEII Abu Dhabi Institutional Investor Summit
      OCT 14

      2025 Asia Private Market Leaders Forum

      Conrad Hong Kong

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      2025 北京环球投资论坛 2025 Beijing Global Investment Forum

      The Ritz Carlton Beijing, Financial Street | Beijing

      FEB 2-4

      2026 Endowments & Foundations Roundtable West
  • About Us
celarier.jpeg
Michelle Celarier
Premium
Dan Loeb’s Third Point Loses on Argentina
A bad bet on sovereign debt overshadows its activist gains.
Michelle Celarier October 25, 2019
Daniel Loeb (David Paul Morris/Bloomberg)

Daniel Loeb

(David Paul Morris/Bloomberg)

The activist positions Dan Loeb is so well known for have been among his Third Point hedge fund’s top five performers in 2019, but a bet on Argentina sovereign debt managed to tip it into the red for the third quarter.“Our largest loss in the

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