Insurers Up Risk, Alts Amid Interest Rate Uncertainty
Low rates have insurance companies turning to riskier assets, while alternatives offer protection from a surprise rate hike, according to Cerulli.
Asset Allocation
Don’t Count on First-Mover Advantage in Private Equity
Poor deal making conditions could dampen return opportunities for early entrants into emerging markets, research shows.
ESG ‘Key’ to Outperformance in Emerging Markets
Environmental, social, and governance factors can have a significant positive impact on emerging markets portfolios, says Cambridge Associates.
Why Pension Funds Shouldn’t Buy Infrastructure
“Illusory” risk-return profiles and a lack of quality supply seriously detracts from the attractiveness of the asset class, argues Deutsche Bank.
Don’t Count on Hitting Your Return Target: Research Affiliates
Forecasts for several mainstream portfolios reveal dismal odds of earning a 5% real return over the next 10 years.
Private Equity Breaks More Records
Highest-ever aggregate payout to investors is accompanied by a new high in unused capital.
QE vs. Factor Investing
Quantitative easing and monetary policy are likely the only real factors driving your portfolio, GAM managers argue.
Rhode Island Halves Hedge Fund Allocation
The state pension aims to reallocate towards low-cost passive funds in a bid to cut costs and boost returns.
How Short-Term Noise Affects Risk Taking
Fewer updates on price movements leads to riskier investments and higher returns, research shows.
Preqin: Private Debt Becoming ‘Fixture’ in Portfolios
More than two-thirds of surveyed investors planned to grow their allocations to the asset class over the long term.
Credit Downgrades and How to Beat Them
There is far less top-quality fixed income around—and investors need to adapt, argues Loomis Sayles.
The Case for Active Trading
Skilled investors at smaller funds can overcome transaction costs to earn high returns, researchers argue.
Low-Volatility Strategies’ Hidden Risks
The outperformance of the popular smart beta strategy may be hiding a correlation to fixed income, researchers argue.
What Big Data Says About ESG
The Environment Agency Pension Fund uses data science to prove the merits of environmental, social, and governance investing.
Winners in a Post-Brexit World
Two months on from the landmark referendum result, what can investors take from the reaction of investment markets?