Hedge Funds Suffered a Dismal Year in 2011
Hedge funds concluded a challenging 2011 with a decline of 4.8% for the year.
Asset Allocation
Investment Consultants Tout Opportunities in Distressed Debt Amid Financial Turmoil
Opportunities in distressed debt abound in the face of Europe's sovereign debt crisis and near-stagnant growth, investment consulting firms say.
Pension Schemes Avoid Hedging Derivatives Despite Growing Funding Gap
Derivatives and liability-hedging through financial instruments are foxing pension schemes looking to derisk as funding levels fall.
Alternatives Explain Endowment Superiority, Academic Paper Says
A recently published academic paper claims that the average asset allocation of elite institutions and top‐performing funds is the single most important factor to explain stellar returns.
SSgA: European Institutional Investors Gain Confidence, North Americans Lose It
According to State Street Global Markets, European institutions increased their allocations to risky assets in December, while North American and Asian institutions did the opposite.
Third Quarter Brings Large Investment Losses for US Public Pensions
Volatile stock markets and tepid bond markets contributed to a fall in asset values within the United States’ $2.5 trillion public pension system, the Census Bureau said.
Survey: Pensions Love Hedge Funds
Pension money is going into hedge funds at a faster rate than other asset classes, according to an annual survey by the National Association of Pension Funds.
Report Explores Embedded Risk Within Strategic Asset Allocations, Champions Dynamic Approach
While most strategic asset allocations confuse strategic asset allocation with static asset allocation, resulting in embedded risk, a dynamic beta program allows innovative investors to lower drawdown, a new report asserts.
FX Experts: Survey Shows “Americans Are Not Leaders on This Issue”
Commenting on aiCIO’s inaugural FX Investment Risk Survey, Russell Investments' Ian Toner and ex-Russell currency guru Cynthia Steer point to deficiencies in American asset owners' FX practices.
World's Largest Pension Remains Loyal to European Bonds
Going against the trend among Japanese institutional investors cutting exposure to euro-zone bonds, Japan's Government Pension Investment Fund is seeking exposure to the asset class.
PIMCO Rethinks Asset Allocation
Mohamed A. El-Erian of the Pacific Investment Management Co. (PIMCO) explains his thoughts on rethinking asset allocation in a changing world.
Not Livingston's Africa
From aiCIO Magazine's Winter 2011 Issue: When foreign investors are looking to a new asset class, they do like to see that local investors are already there. However, for African private equity, this is not necessarily the case.
Infrastructure—or Imprudent?
From aiCIO Magazine's Winter 2011 Issue: Are governments coercing funds to invest, or are such funds investing on their own volition—and with their own profit in mind?
Towers Watson/CBI Study: EU Pension Costs Harming Business Growth
As pension deficits are holding back company performance, a new poll reveals that proposed pension regulations in the European Union would significantly add to business costs.
Pension Trustee Cautions on the Measure of Risk Behind Risk Parity
Risk parity has grown in popularity within the institutional investor world, yet many practitioners are putting clients at risk, according to at least one pension trustee.