Investment managers are seeing an increase in the number of requests for proposals (RFPs) from insurance companies seeking third party services as the manager selection process evolves to meet increasingly complex investment needs.
Fitch Ratings has said European asset managers must restore investor interest in actively managed investment through greater transparency on their products, processes, and communication.
Following allegations of influence peddling at the nation's largest public pension fund, CalPERS has revamped its governance policies, and its latest reforms are designed to help better manage risk and restore accountability.
Ceres, a national network of investors, environmental organizations
and other public interest groups, has kicked off a campaign among
global investors with assets totaling more than $2.5 trillion, urging
energy companies to be open and transparent with investors and
stakeholders.
The active versus passive investment debate has raged within academic circles for decades without resolution. Unfortunately for the world’s asset owners, this has left them wondering what game—Chase alpha? Ride beta?—they should be playing.
The consensus: The rise of derivatives and, more recently, extreme equity volatility have driven many asset owners into the arms of risk parity vendors. The debate: Is this a good thing?
PIMCO is the latest vendor with plans to offer protection against violent market swings following the 2008 collapse and warnings by commentators such as Nassim Taleb of “Black Swan” fame.
Presented by the
country’s parliament, the proposal is part of a report on new
regulations for risk and active
management for Norway's Government Pension Fund.
Despite a recent report that shows pension funds
deceased their
commitments to
private equity by 94% last year, the pension
protection fund (PPF) has earmarked up to a quarter of assets to
alternatives.
Sources say the San Diego Country Employees Retirement Association is leveraging its fixed-income portfolio to create 'risk parity', continuing a trend among pension funds.
The
giant pension fund’s potential decision to slash its rate of return
could force California governments to struggle paying millions more each
year to provide employees with pensions.