Washington Trust’s Cloutier Banking on Deep-Dive Research to Drive PW Biz

Richard Cloutier, Jr., chief investment strategist in the wealth management division of Washington Trust Bank, is an advocate of deep-dive research as a way to help the bank’s portfolio managers better serve clients and mitigate risk. “We are strong advocates of research and continually engage in research to ensure that our strategies provide the best risk-adjusted …

NJ HF Cut Just Latest Action in Industry’s Value-For-Fees Pursuit

The New Jersey Division of Investment’s decision at the close of May to halve the state’s pension funds’ hedge fund allocation to 3% from 6% to save on asset management fees raised nary an eyebrow, viewed by the industry as just business as usual—just another fund in a long and growing list of institutional asset owners …