Investor Appetite for Hedge Funds to Jump in H2
A whopping 97% of investors are set to increase their hedge fund allocation in the second half of 2014 as equity and bond market valuations remain high, Credit Suisse has found.
Asset Allocation
Private Equity Hire Signals Japan Pension’s Intent
Hiromichi Mizuno is to join the Japanese Government Pension Investment Fund’s investment committee as it seeks to diversify away from low-yielding bonds.
Sharpe Parity: the New Risk Parity?
UBS has enhanced the typical risk parity portfolio—and claims it outperforms.
Lifting the Lid on the Swedish Bankers’ Pension Overhaul
CIO Stefan Ros and CEO Peter Hansson explain why they have slashed SPK’s exposure to traditional fixed income to invest in real estate and hedge funds for the first time.
Investors Expect: Inflation and Overvalued Equities
A sharp uptick in inflation is on the cards, investors say, and they are buying equities to keep up.
UK Government Under Fire for Passive Investment Drive
Proposals to overhaul the investment policies of UK local government pensions have been criticised by funds’ representative groups.
Is it Time to Reconsider Credit Default Swaps?
An increasingly illiquid bond market requires a new way of managing new capital, argues Hermes Fund Managers.
PPF Dumps Derivatives, Favours Risk Factors in Portfolio Shake-Up
Real assets and risk-factor investing lead the revitalised PPF portfolio.
UK National Pension Combines EM with Smart Beta
NEST has taken the smart beta plunge using an emerging market fund.
Temasek Doubles Investment Activity
Singapore’s S$223 billion (US$179 billion) powerhouse is flexing its investment muscles.
Cambridge Associates: Bespoke is the Best Way to Divest
The
consulting firm has outlined how to dump fossil fuel investments with a careful
look at implications to portfolio construction.
Infrastructure Debt: Damned by Its Own Success?
M&G’s co-head of alternative credit says there is “arguably less value” in infrastructure debt despite record levels of interest.
How to Make the Endowment Model Viable
The alternatives-heavy model is far from a “one size fits all” solution, NEPC has said.
Broader Horizons, Better Returns?
Grab your passport: higher investment returns can be found abroad.
Norway’s SWF Lays Out Three-Year Strategic Plan
The world’s largest sovereign wealth fund is serious about its diversification plans, with changes ahead for its equities, fixed income and real estate holdings by 2016.