News

The Norway v. Yale Models: Who Wins?

Both the Norwegian Government Pension Fund Global and Yale University's endowment -- run by the popular David Swensen -- have emerged as industry pillars in asset management, and a new paper compares and scrutinizes their reputations.  

LGIMA Advice to Plan Sponsors: Use Swaptions to Better Implement LDI

For pension plan sponsors that have a view that interest rates will rise and express this view by having a duration of assets significantly shorter than the duration of liabilities, swaptions can be used to more efficiently express this short duration “hedge later” mindset, according to Legal & General Investment Management America.