A Skeptical Look at Risk-Factor Investing Research
Faulty study design accounts for much of the evidence that risk-factor investing is superior to asset class models, according to two prominent managers.
News Archive: Jul - 2013
Better the Devil You Know?
A global snapshot of asset management has shown vast majority of inflows have gone to top 10 managers.
Senator Hatches a Risk Transfer Plan for Public Pension Funds
A bill tabled by a Republican Senator, asking for insurers to be able to take on public sector pension plans, has received a muted response.
FX, Lies, and Marked-Up Rates
Or no lies, according to two judges who have thrown out pension-led cases against custodians JP Morgan and BNY Mellon over foreign exchange trades.
Are Mega-Buyout Deals on the Cards?
Consultants and insurers tell aiCIO there is scope for further pension buyout headlines.
Discount Rate Delight Leads to Deficit Drop
Swiss pension funds enjoy another discount rate rise, boosting funding for a second quarter, according to Towers Watson.
Column: The Rise of Liquid Alternatives
Daniel Enskat talks about the shift from using alternatives as satellite investments to including them in a core asset allocation strategy.
CIO Profile: Insurer Mark Versey, Seeking Alpha in Illiquids
Friends Life's CIO talks Solvency II, increasing alternative allocations, and what his most rewarding investment decision has been since 2008.
Going Direct: Worth It for $200M+ Portfolios
It is not just a few outliers among major asset owners who outperform specialists in the hedge fund space, a new study found. It’s the majority of them.
Music To Their Ears: EMI Buyout Agreed at £1.5 Billion
The UK’s largest pension risk transfer to date brings relief after four-year dispute.
Private Equity Managers Ranked by Institutional Assets
Goldman Sachs, Blackstone, TPG…who holds the most institutional investor assets?
Why North Dakota Could be the Next Emerging Market
Fund managers seek out emerging market economies in developed nations in search for alpha.
Is the Yale Model Dead?
Following a rough year for leading endowments, an alternatives specialist and Hewitt EnnisKnupp partner takes on this question.
Interactive Map Created By SWF Institute
Ever wondered where the world’s biggest sovereign wealth funds are?
Would You Invest in a Risk Parity Bond Fund?
Fixed income-only risk parity bond fund launched in UK by Aquila Capital.