Chief Investment Officers: Endowment Model, Risk Parity to Outperform 60/40
The alternatives-heavy endowment model and the bond-heavy risk parity model will outperform the 60/40 approach to investing on a risk-adjusted basis, CIOs believe.
Asset Allocation
Survey: Institutional Investors Flock to Private Equity, Demand More Transparency
A new report by SEI and Greenwich Associates shows that institutional investors, fund managers, and consultants plan to increase their private equity allocations or recommend increases to their clients over the next year, but they are urging greater transparency in the asset class.
With US Investment, the Caisse Encounters Harsh Criticism
Canada's Caisse de dépôt et placement du Québec is facing scrutiny for US investment amid pressure to foster the province’s economic development.
Survey: Alternatives in Vogue for US Institutional Investors
A recent study by Keefe, Bruyette & Woods has found that the hype over alternatives among institutional investors in the US is not expected to subside.
Bond Guru Gundlach Hoards Cash
Jeffrey Gundlach's DoubleLine Capital is favoring cash over almost all investments including corporate bonds.
Study: Union Strength Impact on Pension Benefits Is Nil
New data released by the Center for Retirement Research shows that union strength appears to have no impact on the level or growth of benefits.
Aon Hewitt Urges Legal Simplification on EU Pension Legislation
Consulting firm Aon Hewitt claims that EU rules on the establishment of cross border pensions must be simplified.
Survey: Pensions Seek Alts on Volatility Concerns; Inconsistent Use of LDI
A new poll by SEI asserts that more pensions are using alternatives, with LDI strategies inconsistently used.
India, China Capture Lion's Share of Total Emerging Market PE Investment
Data from the Emerging Market Private Equity Association (EMPEA) shows India and China have taken 68% of total emerging market private equity investment.
Agecroft Partners: Hedge Funds Better-Equipped Since 2008
Agecroft Partners says that hedge funds are better prepared today as a result of the 2008 financial crisis.
For the First Time, Japan's GPIF Pursues Emerging Markets
The Government Pension Investment Fund (GPIF), the world's largest, is pursuing emerging markets in a move to diversify into potentially risker assets.
Survey: Fees Won't Dissuade Investors From Infrastructure
The 2/20 fee structure is still the norm despite pressure for lower fees from investors in infrastructure, Preqin shows.
Deloitte: Amid Downtrodden Economy, Commercial Real Estate Triumphs
New research from Deloitte shows that while commercial real-estate deal flow and liquidity are going strong, the longer-term impacts of legislative, regulatory, and accounting reform remains uncertain.
Survey: Fund Managers Aim to Increase Headcount Despite Dire Economic Forecast
While the economic outlook is seen as dismal among US money management executives, 61% of respondents surveyed by KPMG are looking to add to their firms' headcount over the next year.
CalPERS Approves $200 Million for Emerging Real Estate Managers
The California Public Employees' Retirement System (CalPERS) has approved a new program for emerging real estate managers who have less than $1 billion of assets under management.