Are You Analysing Your Portfolio Costs Correctly?
Investors should compare investment costs to alpha generation and not total return to get a clear idea of how expensive their portfolio is, according to Wurts & Associates.
News
TIAA-CREF Buys Nuveen, Vaults Up AUM League Tables
The firm will now manage upward of $800 billion in assets, making it one of the largest asset management firms in the world.
PFA Increases Investment Exposure to Small and Medium-Sized Businesses
Denmark’s largest commercial pension fund has increased its stake in Kirk & Thorsen Invest to more than a third.
Aegon Agrees Pension Payment to End Six-Year Dispute
The Dutch life, pensions, and asset management giant has agreed to pay €80 million to the harbour workers’ pension fund.
Lyne Quits F&C
Julian Lyne is set to join a rival firm.
‘Be More Like Buffett’, LA Pension Told
Los Angeles is building up a pension problem and one think tank says the Sage of Omaha can solve it.
Capital Adequacy Blow for Infrastructure Projects
The European Insurance and Occupational Pensions Authority will not recommend lower capital charges for financing infrastructure projects.
BlackRock: How Much Risk Parity is Enough?
A transition
in allocation from traditional to a total risk parity portfolio could result in
more than a 40% rise in the Sharpe ratio, BlackRock has found.
Book Review: Flash Boys, A Wall Street Revolt
Editor-in-Chief Kip McDaniel discusses Michael Lewis' new book and the power of the buy-side.
Managing Regulatory Risks on Leveraged Credit
With the Volker Rule, risk retention rules, and more than two-thirds of CLOs reaching the end of their reinvestment period in three years, how should investors prepare?
Do TDFs Underestimate the DC Investor?
DC investors are making some smart investment decisions.
Harvard Endowment Commits to Responsible Investing
The $32.7
billion fund became the first endowment to join the UN-supported Principles for
Responsible Investment and has also signed onto the Carbon Disclosure Project.
SEC to Probe PE and Hedge Funds
The US regulator is to investigate how private equity and hedge funds value their assets, disclose their fees, and communicate with investors.
Colombia Matches Europe on Infrastructure Spend
Four Colombian pension funds are to spend as much on domestic projects as European investors committed to infrastructure funds during the whole of 2013.
New CIO for Energy Superannuation Fund
EISS welcomes a new manager for its pension and superannuation schemes as Australian funds staff up.