New research carried out by students at Uppsala University and reported by Affärsvärlden shows that if the stock market is on the upswing, then a passive management approach across a broader market index may be superior to an active approach.
With recent mandates seemingly on the rise for third-party
securities lenders, custodians – the traditional bastion of the business – are
fighting back.
The manager of the world’s largest bond fund, who sold out of all his holdings in US Treasury bonds in March of this year, is pushing investors to move away from Treasuries and seek global investments for better yield opportunities.
The Federal Reserve has announced that it now expects headline inflation to reach 2.1-2.8% during 2011 before returning to the official target of under but close to 2% in the following year.
Timothy Corbett, who has been the chief investment officer of Connecticut's $25 billion pension fund since July 2009, has resigned and will head into the private sector.
Eastman Kodak's Timothy Barrett, the former executive director and chief investment officer at the San Bernardino County Employees' Retirement Association, speaks with aiCIO about the conflicts that public pension funds face when they decide to outsource investment expertise.
Regulators have placed more scrutiny on exchange-traded funds as institutional investors have embraced the product, Deborah Fuhr, ETF guru and global head of ETF research at BlackRock, told aiCIO.
Jeremy Grantham, chief investment strategist of fund manager GMO Capital Management, says that since growth of natural resources is severely limited as population and demand soar, the age of cheap commodities prices is over.
A study by JPMorgan Chase & Co. has shown that Japanese
pensions are flocking to alternatives such as hedge funds, while keeping
their investment plans intact despite crisis in the region.
News that investment managers at the Texas Teacher Retirement
System received more than double what every other state agency's top
employees have received combined since 2007 has raised concerns that
top-performing executives may flee smaller funds with less robust
compensation structures.
