UK National Pension Combines EM with Smart Beta
NEST has taken the smart beta plunge using an emerging market fund.
News
Is Volatility Too High?
An S&P Dow Jones Indices director has argued that the Vix index is far higher than “realised” volatility—but the ride will get rougher in the next few months.
Convertible Bonds: Defense Against Downside Equity Risk
Actively
managed convertible bonds could provide appealing asymmetrical risk-adjusted
returns, Rocaton has said.
Economou to Step Down from CERN Pension
The architect of the CERN Model is to spread the word to a wider audience.
Temasek Doubles Investment Activity
Singapore’s S$223 billion (US$179 billion) powerhouse is flexing its investment muscles.
Gold Stars for CalPERS, CalSTRS from Moody’s
Steps to boost contribution rates to both plans have impressed the ratings agency, which upgraded their credit scores.
Cambridge Associates: Bespoke is the Best Way to Divest
The
consulting firm has outlined how to dump fossil fuel investments with a careful
look at implications to portfolio construction.
Has the ‘Big Switch’ in Outsourced Investment Begun?
A UK pension has changed its fiduciary manager after four years—will others follow?
Norway Outlines Staff Plan to Boost Real Estate Holdings
If you are a real estate expert and fancy a new challenge, now could be the time to act.
Risk Parity Losing to Risk Factors, Study Finds
Smart beta and risk premia strategies have come to the fore of risk factor investing, according to S&P Dow Jones Indices.
BT Insures £16B in UK’s Largest De-Risking Deal
The BT Pension Scheme created its own insurance company as part of a £16 billion longevity swap arrangement.
New Jersey Pension Hires Lawyer to Fight Christie’s Cuts
A Florida law firm has been appointed by New Jersey’s Public Employees’ Retirement System to handle a lawsuit over Governor Chris Christie’s planned contribution cuts.
It Ain’t What You Do…
… It’s the way that you do it. So argues Russell Investments in favour of implementation as the key driver of returns.
Former CalPERS’ CEO to Plead Guilty to ‘Pay-to-Play’ Conspiracy
Federico
Buenrostro was charged with conspiracy in connection with creating fraudulent
papers securing placement agent fees in years following the financial crisis.
Infrastructure Debt: Damned by Its Own Success?
M&G’s co-head of alternative credit says there is “arguably less value” in infrastructure debt despite record levels of interest.