Asset Allocation

Report Echoes aiCIO Survey, Urging Investors to Go Global

Reflecting a general movement by investors to diversify away from portfolios dominated by the “home bias” of domestic stocks, as noted in a survey by aiCIO, a new paper by Hermes Global Equities Advisers shows that investors must become increasingly global to capture superior returns.

CalPERS Supports Emerging Managers

The $236 billion California public pension said it has allocated $400 million toward three emerging managers in the pension fund's Manager Development Program II for public investment.

CIC Chairman Seeks Emerging Markets

The chairman of China's $300 billion sovereign wealth fund has said that the CIC will target emerging economies, following his remarks that recovery in emerging markets will repair the global economy.

Study: UK Pensions Slash Equities

British pension schemes are slashing their weightings in UK equities as part of a switch to fixed-income and international strategies, according to research by BNY Mellon.