The Ledger, every show
Every statement that passed quotation and attribution checks, across all 44 shows. Pick shows below, then mix any filter with any other.
shows 
every show 44 of 44
McKinsey sent threatening letters to Institutional Investor and identified zero errors
“The article is called The Story McKinsey Didn't Want Written, and then we started the story by saying, during the reporting of this piece, McKinsey sent multiple threatening letters to institutional investor. We stand by this piece entirely, and they have not …”
No errors were ever found in the UC Regents investigation
“And that to this day we stand behind entirely because there's never been one error found with the story. And it's a story of UC Regents and Jagdeep Basher.”
US public pensions are unlikely to fix governance flaws for 30 years
“You know, will we get there with American public plans? I'm not sure in the, in my career. Hopefully I still have out of 30 years doing this, but I'm not sure we'll get there.”
Asset owner polling reveals 80% of asset managers provide poor service
“No asset manager thinks they're bad at client service, but when you pull asset owners, and we have formally pulled them, 80% of asset managers have poor client service.”
Institutional Investor's most-read stories are consistently original long-form investigations
“It warms a journalist's heart that the most read stories of the year are always original, investigative, long form work.”
Articles with longest engaged time also draw highest total readership
“And inevitably, the stories that have the longest engaged time, that's readers spent reading it, are the ones that have also the most page use and the most readers.”
Most asset managers lack individual-level readership analytics
“Most asset managers haven't got that granularity yet, and they are confronted with all this technology they have, right? You can get satellite data on, on Walmart's parking lot, but I still can't figure out if Paula Valente is reading my piece of thought leade…”
Granular reader engagement data will redefine asset management sales
“For someone to actually figure out a mechanism that an asset manager can produce meaningful content and know when clients and potential clients are engaging with it and how is very much the holy grail of asset management marketing because then it's just going …”
There are four PR people for every journalist
“I believe there's four PR people for every journalist now. I suspect it's even higher in the financial industry.”
Only 15,000 individuals are true asset allocator decision-makers in the US
“It's probably 15,000 individuals who are really decision makers at the asset allocators.”
McDaniel predicts Scott Malpass will never leave Notre Dame
“Some people, Scott Malpass, will never leave Notre Dame. He's in his dream job.”
McDaniel receives fake tips monthly aimed at undermining competitors
“I would say once a month I get an email that's clearly a made up Gmail account sending me something.”
Asset manager threatened a $100M defamation lawsuit over an investigative story
“We, I was threatened with a hundred million dollar lawsuit. They never filed it, and in my view, it was a bullying tactic. We wrote something about an asset manager. I was the editor of the story, and we wrote something about this firm that I know to this day …”
Average private fund fees have dropped to 1.5 and 18
“Now, I think that's going the way of the dodo. You know, it's, what is it, 1.5 and 18 now, but nothing says it's going to rebound to where it was. In average.”
Nearly all US corporate pension funds use risk parity strategies
“You'd be hard pressed to find a corporate fund without risk parity.”
Canadian pension governance structures insulate compensation from political control
“The Canadians really set up the model so they're paying market wages. They may not be able to pay as much as Goldman Sachs in Toronto, but they're pretty darn close. They also set it up so that pay doesn't, it's not one year thing, it's three or five year thin…”
Investment consultants have not lost their power since 2009
“They were saying that when I started covering this in O-Nine, and I, as far as I can tell, consultants haven't lost an iota of power. They're gonna be here”
Institutional Investor U.S. readership grew from 1.1M to 2M+ by FY2019
“Whereas in 2017 we had 1.1 million U.S. Readers, in 2019 fiscal we had two million plus readers.”
McDaniel: Harvard endowment paid bond managers $30M each in 2004
“It was when the students were protesting the pay of two bond managers, Samuels and Middleman. They got thirty million bucks a year, that year, to manage bonds for the university endowment.”
Private capital funded 80% of LaGuardia Airport's refurbishment
“So my understanding is that 80% of the capital into that refurbishment is private capital, is our core audience.”
McDaniel predicts Mass PRIM's Sarah Samuels will become a CIO
“Sarah is the deputy CIO. When you speak to her, she, you know, knows exactly what she's talking about. She's at a big public plan. She will be a CIO one day, and at that time she was she may still be in her late thirties.”
Britt Harris accelerated institutional use of private equity strategic partnerships
“He, maybe not pioneered, but really accelerated the use of strategic partnerships.”
Canada Pension Plan effectively doubled its Skype investment within a year
“I think of Canada Pension Plan joining with Silver Lake and buying Skype. And waiting it out for like six months, there are some legal issues, and effectively doubling their investment in a year.”
Harvard rowing coach Harry Parker mentored Bill Ackman and Reade Griffith
“One of the most important people in my life, he actually was the most important people in a lot of people's lives in finance, is a guy named Harry Parker, who was the Harvard rowing coach for 53 years. He coached Bill Ackman, coached Reed Griffith, who runs Te…”