MFS Chief Chooses Credit and Tech for 2012
Quarter trillion dollar strategist makes calls on 2012 and ups frequency of portfolio turnover.
Asset Allocation
Threatened by Hefty Losses, CalPERS, Other Investors Seek to Address Climate Change Via Asset Allocation
Institutional investors are growing louder in addressing climate change risk via asset allocation and other initiatives, consulting firm Mercer has demonstrated.
Investors Lose Out to Inflation Through Absolute Returns
Investors lose out on absolute return fund performance, as asset managers often fail to consider inflation when making investments.
Hedge Funds Suffered a Dismal Year in 2011
Hedge funds concluded a challenging 2011 with a decline of 4.8% for the year.
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.