What Price Downside Protection?
Hedging against equity market falls may help you sleep better, but it won’t help your returns.
News Archive: Aug - 2014
A Step-by-Step Guide to Optimising Risk Parity
With risk parity, it’s not where you go; it’s where you start from.
Infrastructure Prices Hit Record High
If you want to buy real assets, you will have to be prepared to pay.
Chase Alpha, Not Returns
Pick your hedge funds on the basis of alpha, not just returns, says Commonfund research.
SEC Passes Tougher Rules for Asset-Backed Securities
The US
regulator has adopted stricter disclosure rules to bring about increased
transparency in the ABS market.
What a Dead CEO Can Tell You about Shareholder Value
Two academics claim to have proven categorically that more than half of senior executives are not overpaid.
Harvard Under Fire for High Salaries (Again)
A small group of alumni have hit out at a $132.8 million pay package for the endowment fund’s staff.
The Incredible Shrinking Hedge Funds Universe
Survival of the fittest? The number of hedge funds available for investors to select is falling.
How Much Will Pension Smoothing Alter Your Plan?
Plan
sponsors should consider the fit of funding relief within current investment strategy before undertaking more risk, according to Cambridge Associates.
Multi-Asset Shines in Bumper Year for Fund Flows
A pre-crisis level wave of assets hit fund managers in the first half of the year.
Hedge Fund Compensation Takes a Dive
Between bonuses and base salary, pay packets have shrunk by nearly half.
More than 10% of S&P 500 Assets Now Passive
$1.9 trillion is invested in passive strategies tracking the US’s leading stock index, according to research.
Bank of America Settles RMBS Suit for Nearly $17B
The bank has agreed to pay more than $9 billion in a cash penalty and $7 billion in aid to homeowners for selling flawed mortgage securities prior to the crisis.
First Pooled LDI Pension Buyout Completes
Segregated mandates are no longer required to transfer pension risk.
Calling All Rocket Scientists: CERN is Recruiting
The international nuclear science centre is advertising for a new CEO to lead its pension fund.