From the Archives: Harvard Has a Cold
No longer sui generis, the Harvard Management Company has retreated back into the pack. The seeds of its collapse, it is now clear, were sown in its glory days.
News
Investors ‘More Conservative’ in 2012
“More conservative and concerned with performance”, what fund managers expect from clients this year.
Milliman: Rising Interest Rates Boosting Corporate Pension Funding
Corporate pension plan funding has climbed sharply in March fueled by rising interest rates and a consequential drop in liabilities, according to an analysis by Milliman.
he Geek (and Olympian and Professor and Businessman) Who’s Helping Them
Asset owners are a learned group but do, occasionally, need help. One Harvard Business School professor, focusing his talents in the low-volatility investing space, is providing just that.
Pension Fund to Revamp City Centre
Pension fund seeks architect for prestigious city centre project.
What's the Best Way to Evaluate an Investment Manager?
Investment manager turnover is often the result of investor irrationality and the use of models such as Bayesian statistics could help provide understanding, according to consulting firm Towers Watson.
Northern Trust: Improving US Equity Correlations, Waning Volatility on the Horizon
Institutional investment managers are becoming increasingly positive on the US economy while they remain concerned about macro risks such as the European debt crisis, a new survey by Northern Trust shows.
Mark Gull is a Glass Half Empty Kind of Guy
The Profile: How Pension Corporation has made it through the financial thunderstorm where others have failed.
Paper: Adaptive Market vs. Efficient Market Hypotheses
The adaptive markets hypothesis has gained a stronger footing in the financial world as the traditional paradigms of modern portfolio theory and the efficient markets hypothesis (EMH) have proven to be woefully inadequate, according a recent whitepaper by MIT professor Andrew Lo.
Trans-Atlantic Pension Differences Exposed
Volatility continues to bite, but geographical positioning seems to matter (at least for now).
New York Takes Pharma Company to Task
Corporate governance beyond the rhetoric – pension funds take action.
JP Morgan: Five Trends Shaping the US Economy
Want to know what JP Morgan thinks will shape the economy? Read about the implications of fiscal policy, the labor force, energy, manufacturing, and finance.
Fund Managers Failing SWFs on LDI
Fund managers are failing their SWF clients by not understanding how they need LDI.
Prudential: Where's the Money? Emerging Market Local Debt.
Local market debt is the fastest-growing segment of the Emerging Markets (EM) debt asset class, according to a newly released paper.
KIC Appoints New CIO
The Korea Investment Corporation has hired its first national chief investment officer, naming Dong-ik (Don) Lee as the new head of alternatives.