The Value Investing Disconnect
Recent performance has investors wrongly biased against value investing, argues Research Affiliates.
Asset Allocation
Largest Investors ‘Dominate’ Infrastructure Market
The so-called “$1 billion club” exerts disproportionate influence and capital, according to Preqin.
Are E&F Investors Abandoning Hedge Funds?
Endowments and foundations are the latest investor group to put pressure on the traditional hedge fund model.
GMO: Now is the Time for Hedge Funds
Recent poor performance should be recognized as a signal of better days to come, not a reason to divest, argues Ben Inker.
Transaction Costs: The Cause of Crowding?
A researcher argues trading costs do not lead portfolio managers to make similar investments—but in fact help them to differentiate.
The Magic Number in Private Investments
An allocation of 15% or more to private assets can be the difference between outperformance and negative returns, argues Cambridge Associates.
Asset Managers Turn Bearish, Hoard Cash
A global survey of managers finds high levels of cash and a dramatic change in sentiment towards Europe.
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.