Is It Too Late for Institutions To Be Contrarian?
Investors are plagued with an organizational behavioral bias problem, despite predictable factor returns, Research Affiliates has argued.
News Archive: Nov - 2015
Divestment Doesn't Work, Says NZ Super
But the sovereign wealth fund argues that many other ways of practically addressing environmental, social, and governance issues within a portfolio do work.
Pensions Urge ‘Strong Action’ over Climate Change in Paris
The managers of €215 billion of European pension assets have set out demands for policymakers ahead of next month’s crucial climate summit.
When (and Where) Activist Investing Goes Wrong
Research shows that investments by “highly politicized” sovereign wealth funds can be detrimental to company performance.
Newsmakers
Wine, Cheese, and a Lesson in Statistics
Academics and pension practitioners meet in France to discuss longevity—and how to completely baffle unsuspecting journalists.
CalPERS Targets 100% Funding with Discount Rate Changes
The US’ largest public pension wants to make future contributions more predictable—and close its 23% funding gap.
A Five-Year Plan For Asset Managers
Asset managers will need to overcome challenges such as changing client demand and increasing regulatory pressures for the industry to continue to grow, according to McKinsey.
Winning OCIO, One 401(k) at a Time
The survivors and innovators of the OCIO game are eyeing the next big thing: defined contribution plans.
The Joy of Outsourcing
Farmers Insurance chief Karyn Williams makes the case for building a portfolio without building an empire.
GSAM Surprises, NISA & LGIMA Persist in LDI Survey
Goldman’s debut sees it outrank industry stalwarts in CIO’s annual survey.
UK Watchdog Turns Spotlight on OCIO
A review of asset management competition will include an investigation into potential conflicts of interest for investment consultants.
Time for Hedge Funds 2.0, Says Report
Investors should not view hedge funds as a stand-alone allocation, according to AIMA and the CAIA Association.
Dutch Pension to ‘Halve Carbon Footprint by 2020’
PFZW is to overhaul its investments in energy, materials, and utilities in the next five years.