Are You Paying Too Much for Your Property Exposure?
Willis Towers Watson research claims the amortization pricing method can mean investors pay more than double what they should.
Asset Allocation
Dry Powder Stacks Up in Distressed Debt
With 2016 projected to be a strong year for fundraising, managers are under pressure to make use of the record levels of cash already at their disposal.
Asset Managers Declare: No Recession
Indicators point to a rough year ahead, but investors shouldn’t expect the end of the world, according to a number of asset managers.
Don't Count Out the Low-Volatility Factor
The strategy’s alpha cannot be “dismissed as another manifestation of the value effect,” says Robeco Asset Management’s top quant.
Private Equity’s Valuation Conundrum
Valuations are still a concern for GPs but managers expect to put more of their dry powder to work in 2016.
Doing Private Equity in Public Markets
Returns before fees from PE-style stocks beat the real thing in a Harvard study—but expect a wild ride.
Why Trend-Following Isn’t Return-Chasing
The rule-based momentum strategy is a tried-and-true source of returns, argues Elm Partners.
Why Volatility Is Good for (Selling) Smart Beta
Factor investing will only get bigger in the next couple of years, a survey suggests.
NEPC: Slowdown is ‘Greatest Challenge’ to E&Fs
Nearly a quarter of endowments and foundations see zero attractive investment opportunities as fears about the economy mount.
Private Debt Key as UK Investors Turn Cautious
Worries about market performance are making the asset class look increasingly attractive, according to bfinance.
The Rise and Fall of Ziggy’s Bonds
How David Bowie’s innovation went beyond music, art, and popular culture—and into the portfolio of a major insurer.
Private Equity Returns Waver After Three Years of Gains
State Street’s global index of private equity funds reported losses for the first time since 2012.
Too Many ETFs 'Spoil Low Costs'
New entrants into the ETF space cause liquidity constraints and higher prices, according to research from the University of Mississippi.
NJ Pension: Alts Are ‘Worth It’
The most contentious parts of New Jersey's $79 billion portfolio also performed the strongest last year.
EY: How to Bring PE Reporting into the 21st Century
Private equity funds need to invest in digital operations to meet investors’ demands for transparent reporting—or outsource.