The Smart Beta Trade-Off
Low volatility, broad diversification, low tracking error, and high liquidity: A Lyxor paper takes on investors’ indexing wish lists.
News Archive: Jul - 2013
CIC Boosts Internal Structure as Lou Jiwei Bids Adieu
Asia’s largest SWF is tooling up and taking its place among the world’s most sophisticated investors.
Is Levering a Portfolio Ever Worth It?
Transaction costs can reduce the value of leverage by a factor of 2000, Berkeley researchers contend, making it not worth many investors’ while.
Investors Renew Push to Hedge Funds
More money is going in than coming out of the hedge fund sector.
Real Assets, Mezzanine Debt, and Liquid Loans: A Recipe for Investment Success?
Investors can achieve their return aims, even in a low-yield environment, by thinking outside of the traditional investment box, JP Morgan Asset Management has found.
Malaysian Pension Giant Invests $660M in Euro Real Estate
The appetite for industrial real estate in the Eurozone continues.
Institutional-Grade Lawsuits: Fewer Dismissals, Larger Settlements
Institutional investor-led securities class action cases tend to fare better than the average suits, according to Stanford Law School research.
Is the Future of European Cross-Border Pensions in DC?
EIOPA report finds cross-border IORP figures have fallen for the first time since 2007, but two new launches were defined contribution only.
Investment: Where DC Should Not Focus, Say Consultants
Enrolment, contributions, and apathy should be addressed before considering investment, DC consultants have claimed.
Where Your Bond Duration Comes from (and Why It Matters)
Ask not just what the bond duration is, but where it comes from.
Political Bust-Up Over Financial Transaction Tax
Just because the FTT is difficult to implement doesn’t mean it should be rejected, UK government told.
Consultants Face the Axe as Pensions Start Shake-up
Pension funds are radically reassessing their governance structures and consultants are first in line for review, SEI has found.
GMO’s Inker, Risk Parity Critic, Asks ‘What the *&%! Just Happened?’
June’s across-the-board correlations call for a reexamination of risk models and expectations, GMO’s co-head of asset allocation argues
Who’s the Most Consistent Private Equity Performer?
Consistently good performance is the Holy Grail for investors—Preqin has listed those currently leading in private equity.
Lehman, Nortel, and a More Certain Future for Bankrupt Company Pensions
The UK’s Supreme Court has ruled that the UK’s Pensions Regulator does not have priority over other creditors when a company becomes insolvent.