An influential consultant leaps to the defense of the Canadian pension following public criticism.
Daniel Godfrey was forced out of the Investment Association in October.
Equally weighted stock portfolios consistently rank among the largest mean returns, best Sharpe ratios, and lowest turnover, according to Horizon Investments.
The Boston-based firm beat out five other bidders, and won Orange County’s grueling 56-page RFP for a new general consultant.
Move away from the policy portfolio and dive into factors, long-short positions, and alpha-beta separation, Ken Frier and Gretchen Tai argue.Headlines
Popular advice on how to invest in international equity markets is often mistaken, says Parametric’s Paul Bouchey.Headlines
The US Commodity Futures Trading Commission charged the bank and its Japanese branches with rigging interest-rate benchmarks.Headlines
An activist group is stepping up pressure on the Netherlands’ biggest listed company—but the country’s top investors are wary of extreme action.Headlines
Investment chief Jon Grabel says public pensions should continue to be wary of investment terms that overly benefit general partners.Headlines
The OCIO manager has picked up assets from the Healthcare Foundation of Wilson, the Leukemia & Lymphoma Society, and the BHP Billiton Foundation.