Is a ‘Great Rotation’ About to Hit Markets?
Whisper it softly, but investor confidence may be returning as equity markets find the most favour in almost 12 months.
Asset Allocation
Pensions Seek Private Markets, But Don’t Commit
Investors have lowered their holdings in equities and sovereign debt, increased allocation to credit and alternatives, not private markets – yet, bfinance has found.
Bumper Hedge Fund Launches as Performance Converges
Performance is down, but fund launches are up – hedge funds continue to find investor favour.
Mid-Sized Schemes Face Acute Challenges With Scarce Resources, Low Yields
Lack of resources is hampering medium-sized schemes from exploring de-risking options, Aon Hewitt's Mid-Market Pension Survey has found.
Large Funds Shun Outsourced Investment
Small pension investors are warming to outsourced or fiduciary management approaches, but refusing to relinquish final control; large investors are moving away entirely.
Beware of Money Market Fund Governance
There is more to choosing money market funds than many investors suspect and many are failing because of their narrow scope, experts have claimed.
Analysis: Asset Managers Suffer Slower Revenue Growth
The asset management industry suffered significantly slower revenue growth in 2011, while profitability remained stable, according to an analysis by Casey Quirk.
Paper: Three Cheers for Equities Long-Term
Given the return requirements of investors around the world, equities should remain a significant building block in an asset allocation program, Wellington Management concludes.
Northern Trust: Popularity of Passive Investing Fuels Customized Beta Strategies
Increased focus on passive investments is making customized beta strategies increasingly appealing to institutional investors.
Alternative Investments: Diversifiers or Dangerously Illiquid?
As alternative investments such as hedge funds gain traction among investors, industry sources warn investors to beware of lockups.
Despite World-Class Public Pension System, Worries Abound for Canada Retirement
According to a survey by Towers Watson, 65% of defined
benefit plan sponsors in the Great White North fear long-lasting pension
problems.
Is Disclosure Herding Hitting Hedge Funds?
Hedge funds’ information advantage may be eroded by rules on disclosure, research has found.
No. 1 Worry for Pensions for Second Straight Year: Underfunded Liabilities
Once again, underfunded liabilities is the most important risk factor facing US corporate defined benefit plans, according to the 2012 MetLife US Pension Risk Behavior Index survey.
Kay Review: Information Overload Leads to Misguided Investments
Investors are being bombarded with information from listed companies, which is forcing them to make short-term, misguided decisions.
Russell: Pension Liabilities Outpaced Assets in 2011
Liabilities have outpaced the growth in assets for the sixteen publicly listed US corporations with pension liabilities over $20 billion, research by Russell Investments has shown.