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.
The Korea Investment Corporation has hired its first national chief investment officer, naming Dong-ik (Don) Lee as the new head of alternatives.
Norway’s sovereign wealth fund is set to reduce its exposure to Europe and boost it in emerging markets.
UK pension fund returns only just beat inflation rises last year and equities were to blame.
A huge majority of Japanese public pensions have no investment experience, driving home-country bias in the region, says Sadayuki Horie, senior researcher at the Nomura Research Institute.
Investors should seek emerging stocks, bonds and currencies to capture the high returns associated with emerging-market growth, with better risk management potential.
Say-on-pay is working due to the influence of the proxy voting agents – but its affects are as of yet unknown.
Equal-weighted portfolio of stocks in the major US equity indices with monthly rebalancing outperforms value- and price-weighted portfolios, a new report claims.