Oliver Gottschalg, HEC Paris professor and founder of Gottschalg Analytics, made a striking case on Fund Shack that machine learning models he has been building for eight years can materially outperform human decision making in private equity fund selection and secondaries pricing.

Callan's study reveals average investment management fees of 40 basis points, with asset allocation driving total fund costs.

Dr. Ashby Monk, Executive Director of Stanford Research Initiative on Long Term Investing, reveals how pension funds, sovereign wealth funds, and endowments—managing $140 trillion globally—operate fundamentally differently from typical businesses.