Is the Pursuit of Alpha Sabotaging Investment Success?
Investors
and managers are focusing too much on alpha and not enough on achieving their
long-term goals, State Street has argued.
News
Dispute Over Gross’ $290M Bonus Report
PIMCO says its two former top executives did not earn nearly half a billion in bonuses in 2013, as has been widely reported.
Investors Are Driven to Short Termism, Says Hermes
If pensions aren’t investing for the long term, it might not be their fault, a survey has found.
US Foundation Joins OCIO Trend
A Detroit-based foundation has outsourced its investment functions to Investure.
The Apprentice: The Longevity Pitch
CIO imagines a radical new approach to de-risking investments.
Waking the Dead
A swanky hotel, 21st century technology, and de-risked cocktails: CIO muscles in on the VIP list.
How Much Do You Trust Your Managers?
Asset owners were dissatisfied with fund reports and frequently lied to their managers about why they decided not to invest in their fund.
European Deflation to Hit Asset Managers’ Bottom Line
Deflation in the Eurozone could cause underperformance across asset classes and investor outflows, Fitch Ratings has said.
The Day After the Buyout…
Terms are agreed to, hands have been shaken, and it’s time to turn over pension assets and liabilities. But it’s not the end of the story.
Papua New Guinea’s CIO Moves to Australian Catholic Super
Michael Block, CIO of Nambawan Super, will replace Catholic Super’s outgoing CIO Anne Whittaker on December 8.
Is Longevity Risk Dying?
Some academics believe there is a cap to human life expectancy. What does this mean for pension liabilities?
Andy Steiner Sees the (DC) Future
The 20-year Motorola veteran talks how and why it put in place an innovative defined contribution (DC) plan architecture that defaulted participants into a managed account.
The End of De-Risking
Alternative managers are fighting for their business by creating novel ways to de-risk—but are these nontraditional avenues better than liability-driven investing?
Alan Brown Thinks Traditional De-Risking is Flawed
The former Schroders CIO, who also continues to serve as an advisor to its UK pension scheme, on the de-risking fallacy.