High Yield’s Liquidity Conundrum
Renewed investor concerns over high yield bond portfolios led Fitch Ratings to take a deep dive into their construction.
Asset Allocation
Norway SWF to Review $471B Equity Pool
A nine-person committee will assess how the sovereign fund should adapt its equity strategy for an expected low-growth environment.
Hedge Fund Liquidations: Shakeout or Blip?
Bain Capital, Fortress, BlueCrest, and Nevsky have unwound multi-billion dollar funds in recent months.
Bill Gross: “We Are Broke and Don’t Even Know It”
The impending costs of an aging population are too high to ignore, says Janus' bond king.
Alternative Investing’s Slowdown
Fundraising in private equity and real estate debt declined in 2015, as dry powder stacked up.
Why Real Estate Investors Love the US
While real estate opportunities in the US might be pricy, they’re also the most stable, according to a survey.
The Contrarian World of Sovereign Funds
Post-crisis, SWFs are moving away from global asset management trends, portfolio analysis has shown.
Capturing the January to Halloween Premia—on the Cheap
Trend-following strategies can be a cost-efficient means of capitalizing on seasonal market movements, a leading quant argues.
Blackstone Fortune Teller Sees a Clinton Win, Equities Loss
Byron Wien, vice-chair of multi-asset investing, paints a grim year ahead (for US investors, at least).
Morningstar: Smart Beta Is Active Management
Investors should determine smart beta’s source of outperformance, how long the source persists, and how to implement the beta, a columnist has argued.
Fear Not the Bubble, Academic Says
Market values crashed only one out of ten times following a major boom over the last 115 years, research has found.
‘Another Lackluster Year’: Market Predictions for 2016
Advisors and asset managers polish their crystal balls and forecast the performance of stocks, commodities, and other asset classes in the coming year.
Aon Hewitt: Why Investors Should Keep Hedge Funds
Cyclical drags on hedge funds could lift, but smooth returns are down to manager skill and the right mix of strategies, Aon Hewitt has argued.
ETF Assets to Surpass $6 Trillion by 2020
The number could grow even higher as more asset managers enter the exchange-traded fund market, according to Cerulli Associates.
Europeans ‘Cooling’ on Hedge Funds, Preqin Claims
Corporate pensions’ allocations to the asset class are falling despite a global rise in interest.