UK Regulator Offers Help For Struggling Employers
A softer approach results in calls for greater flexibility from trustees.
News
Flight to “Exotic” Fixed Income Funds is a Global Phenomenon (Except for Canada)
EM debt and absolute return strategies dominate manager searches.
Hedge Fund Leverage Approaches All-Time High
Remember when “leverage” was a dirty word? It isn’t any more.
Tilting Portfolios to Take Advantage of Inflation Cycles
Which assets perform best throughout the inflation/deflation cycle – and how to make sure you access them.
Emerging Markets Turn to Developed World for Growth
Brazil’s largest pension funds to invest billions in developed regions.
De-Risking Amid Low Rates? Ditch Your Glide Path, Says Cambridge Associates.
CIOs can do better than the traditional strategy of replacing stocks with long-duration bonds, according to the consultancy.
Harvard Ethics Scholar: Investment Consulting Swimming with Corruption
Misaligned interests, placement agents, and the disappearing line between consultants and asset managers have corrupted the industry that’s specifically tasked with protecting retirement assets, one academic contends.
Long-Term Investors Reduce Volatility, Improve Corporate Responsibility
Virginia Tech researchers have linked long-term shareholders to improved corporate citizenry and higher stock valuations—but profits take a small hit.
Preqin: Public Markets Beat PE Returns
The S&P 500 and other major stock indices topped private equity performance in Preqin’s latest data.
Brown University Names New CIO
A former hedge fund manager will lead the school’s $2.8 billion endowment starting in June.
Norges Bank’s Five-Factor Equity Risk Model
The factors: Expected dividend growth, expected dividend level, equity risk, expected inflation, and interest rates—and only one is typically priced-in, according to Norway’s state investment managers.
France: A Nation of Actuaries?
Move over Monet, money – or the preservation of it – is the nation’s latest, greatest achievement.
Negative Interest Rates on the Horizon
They may help the region out of crisis, but investors are facing further difficulties from ultra-low rates.
Oregon Doubles Down on Distressed Debt via Apollo & Lone Star
The public pension allocated nearly $1 billion to private equity this week, with a focus on high default-risk credit.
Funds of Hedge Funds: Not Dead Yet
Don’t take your fund of hedge funds manager’s number off speed dial just yet.