Absolute(ly No) Return Bond Funds
All absolute return bond funds are not created equal—and some could lose you money.
News
Lifting the Lid on the Swedish Bankers’ Pension Overhaul
CIO Stefan Ros and CEO Peter Hansson explain why they have slashed SPK’s exposure to traditional fixed income to invest in real estate and hedge funds for the first time.
Fraud Charges Drain Barclays Dark Pool
Trading volume plummeted 37% at Barclays following allegations of “systematic fraud and deceit,” yet order flows largely shifted to other major banks’ dark pools.
The Companies Threatened the Most by Pension Deficits
JLT Employee Benefits has identified “a significant number” of UK pension schemes with deficits greater than their sponsors’ market value.
Investors Expect: Inflation and Overvalued Equities
A sharp uptick in inflation is on the cards, investors say, and they are buying equities to keep up.
Alts Managers: Who’s Up (Blackstone) and Who’s Down (Goldman)
An annual ranking of alternative firms’ assets under management reveals major shifts in the leader board—and the one asset almost no one wants.
Cash, Casino Chips, and CalPERS: Confessions of a Former CEO
The former CEO of the largest US pension has decided to plead guilty on fraud and bribery charges—and reveal everything.
PBGC Chief to Re-join Private Sector
After four years leading the US’ lifeboat for bankrupt company defined benefit plans, the PBGC director is heading off.
UK Government Under Fire for Passive Investment Drive
Proposals to overhaul the investment policies of UK local government pensions have been criticised by funds’ representative groups.
High Performance Fees ≠ High Performance
Research
has found high-fee hedge funds take on excessive risk facilitated by greater
leverage.
Is it Time to Reconsider Credit Default Swaps?
An increasingly illiquid bond market requires a new way of managing new capital, argues Hermes Fund Managers.
How Old Age Could Hit Bond Portfolios
Have you considered the age of the population where you’re buying your bonds?
Credit Suisse Fears Sentencing Will Harm Asset Management Business
The bank has asked a US court to push its
sentencing date to “at least” November in order to safeguard its ability to run pension money.
Vatican Turns to Asset Management to Clean Up Bank
Jean-Baptiste
de Franssu, former chief of Invesco Europe, has been named president of the
scandal-ridden Vatican Bank.
PPF Dumps Derivatives, Favours Risk Factors in Portfolio Shake-Up
Real assets and risk-factor investing lead the revitalised PPF portfolio.