Julie Segal VIDEO: Why do Institutional Investors Underperform, Part 5 Senior Writer Julie Segal looks at the process of selecting active managers and how it may be contributing to institutional investor underperformance. Julie Segal December 23, 2025 Has institutional investors' love affair with alternatives been worth it? Related Articles Press Release: Former ADIA Deputy CIO Appointed as Senior Middle East Advisor - updated Ava Luisa II Article - AI Is Changing the Investment Process — And the Job John Doe & Pieta Jones Editing the Headline II Live: Seizing the Model Moment,& can we put paragraph breaks in heds? Sponsored by XLR8