When Bonds are Worth the Risk
Investors have been paid to not play it safe when allocating to fixed income since the financial crisis.
News
Macro Hedge Funds Suffer Despite Industry Boom
Poor performance and outflows began in 2008 and haven't let up for the once-desirable macro and managed futures strategies, according to eVestment.
Insurer Snaps Up Asset Management Arm of Troubled Lender
Amid ongoing sale rumors about Russell Investments, a $513 million acquisition deal has closed between New York Life Investments and Dexia Asset Management.
Future Fund to Boost Real Assets, Slice Alternatives
Hedge funds and absolute return strategies are side-lined in favour of real assets by Australia’s sovereign wealth fund.
Roubini on Emerging Markets' Latest Problems
Dr Doom has predicted at least 12 more months of volatility for emerging markets, but growth in the long term.
Detroit Seeks Legal Relief over Interest Rate Swaps
The City of Detroit has asked a bankruptcy judge to cancel $1.4 billion of debt sold to fund public worker pensions.
Frank Russell Foundation, 16 Others to Drop Fossil Fuel Holdings
Stocks of fossil fuel companies are overvalued, according to the group of 17 foundations dropping them for environmental reasons.
Time to Ban Placement Agents, Says New NYC Pension Head
City Comptroller Scott Stringer has proposed “a steel barrier against pay-to-play abuses,” along with a broader compliance and ethics overhaul.
Russell’s Five Ways to Improve your Portfolio with Real Assets
Russell Investments has published what it thinks is the optimum way to invest in real estate and infrastructure.
Goldman Sachs, Kresge to Kickstart Largest Social Impact Bond
The bank pledged $9 million from its social impact fund, while Kresge invested another $1.5 million.
State Street Fined £23m by UK Regulator over Transition Management
The UK regulator has fined State Street for overcharging six clients in 2010 and 2011.
GIC Sues Merck Over Fraudulent Share Prices
One of Singapore’s sovereign wealth fund has claimed the drugs company made misleading statements on two anti-cholesterol drugs, artificially inflating the share price.
New Ethical Screen for Church of England (And NOT Because of Wonga)
CIO Tom Joy and ethical investment advisory secretary Edward Mason tell aiCIO what was really behind MSCI’s appointment.
AMP Capital’s International Chief Executive on All-Access Partnerships
Strategic relationships between asset owners and managers aren’t the only kind of alliances shaking up the global investment game.
Are Equity Indices Becoming More Alike?
Research carried out by Norges Bank has found two of the best known global equity benchmarks are converging in terms of risks and rewards.