Asset Managers Turn Bearish, Hoard Cash
A global survey of managers finds high levels of cash and a dramatic change in sentiment towards Europe.
Asset Allocation
Factor Investing: Allocation vs. Integration
Integrating, not just mixing, factors is the key to successful portfolio construction, research shows.
Risk Parity vs. Brexit: The Rebuttal
Losses incurred on June 23 were an outlier and not a portent of more difficulties ahead, managers say.
Dutch Pensions to Invest in Red Light District (No, Really)
Amsterdam’s government has funding from two pension plans to help revamp its most (in)famous area.
Infographic: The Market for Vice
Cannabis, gambling, alcohol—are ‘sin stocks’ worth the investment?
Global Alternative Assets Soar to $6.2 Trillion
The top 100 managers had $3.6 trillion in assets under management.
How Brexit Surprised Risk Parity
Low volatility prior to the UK’s landmark referendum may have lulled some investors into a false sense of security, according to research.
Why Now Is the Wrong Time to Buy Smart Beta
Research Affiliates argues that factor valuations are expensive relative to history.
Asset Owners Scale Up Hedge Fund Pools
Despite the headlines, asset owners have boosted hedge fund allocations more than they’ve cut back.
Sports Betting as an Asset Class
UK hedge fund researchers find systematic sports betting can diversify and outperform traditional assets.
Cambridge Endowment Warns its Managers on Carbon Risk
Engagement trumps divestment for the $8.7 billion British university fund.
Europe’s Asset Management Crunch
Providers have suffered from their clients’ de-risking and insourcing, research shows.
The Not-So-Special Specialists
Research has found significant portfolio overlap between specialists and generalists—as well as comparable risk-adjusted returns.
Hedge Funds Buckling Under Fee Pressure, LP Apathy
As investors pull away, funds are promising lower management fees and more transparency.
Litigation Finance 101
What asset owners can learn from Hulk Hogan’s lawsuit financing.