Can Risk Premia Really Capture Alpha?
It’s time to put the theory into practice and find out, MSCI research says.
Asset Allocation
New Mandate Assets Climb as Alternatives Take Hold
Investor confidence may be improving as allocations to new managers are on the rise.
San Diego Pension Adds Risk Parity, Drops Bonds
The $9.8
billion fund has voted to implement a new asset allocation with just 15% direct exposure to fixed
income.
Is Your Fund Paying Too Much for Mutual Funds?
Research from Hewitt EnnisKnupp has revealed a downward trend for almost all mutual fund fees in the past three years.
Asset Managers Opt for Value Over Growth
Bearishness on emerging markets has also waned over the last month, according to Bank of America Merrill Lynch’s latest survey.
CalPERS Cut $80M in Investment Expenses in Two Years
The
largest US public pension plan spent $136 million less than the benchmark costs
following its cost effectiveness initiative.
More Evidence of Rising Investor Interest in Senior Bank Loans
Research from ING Investment Management has found most pension funds expect to maintain or increase exposure to the asset.
PFA Increases Investment Exposure to Small and Medium-Sized Businesses
Denmark’s largest commercial pension fund has increased its stake in Kirk & Thorsen Invest to more than a third.
BlackRock: How Much Risk Parity is Enough?
A transition
in allocation from traditional to a total risk parity portfolio could result in
more than a 40% rise in the Sharpe ratio, BlackRock has found.
Do TDFs Underestimate the DC Investor?
DC investors are making some smart investment decisions.
Colombia Matches Europe on Infrastructure Spend
Four Colombian pension funds are to spend as much on domestic projects as European investors committed to infrastructure funds during the whole of 2013.
APG Partners Pramerica in Real Estate Loans
The Dutch pensions giant has raised the majority of the €265 million fund.
Are the Hard Times for Hard Currency Debt Over?
Rising US yields will drag on emerging market hard currency debt, but returns are still expected to outperform US corporate bonds.
401(k) and the Passive Investment Revolution
Has the game between active and passive investment already been lost on the 401(k) field?
Dutch Real Estate Managers Target Overseas Investors
Recent rule changes have opened up the Dutch residential market to foreign institutional investors.