While most strategic asset allocations confuse strategic asset allocation with static asset allocation, resulting in embedded risk, a dynamic beta program allows innovative investors to lower drawdown, a new report asserts.
Following a study by a Stanford University-based economic think tank that said California's public employee pension plans face long-term shortfalls as high as $500 billion, the nation's largest pension has issued a response highlighting perceived inaccuracies.
A new report by the United Kingdom's National Association of Pension Funds shows that more final-salary pension schemes have been shut to existing staff in the private sector during 2011.
After a recent research report expressed doubt on the accuracy of Thomson Reuters' popular database that has been used to judge private equity and venture capital performance, the firm is defending itself, saying that the report is based on false assumptions.
Commenting on aiCIO’s inaugural FX Investment Risk Survey, Russell Investments' Ian Toner and ex-Russell currency guru Cynthia Steer point to deficiencies in American asset owners' FX practices.
Defined contribution plans should not replace defined benefit plans, asserts Thomas DiNapoli, the New York state comptroller and sole trustee of the $133.8 billion New York State Common Retirement Fund.
Going against the trend among Japanese institutional investors cutting exposure to euro-zone bonds, Japan's Government Pension Investment Fund is seeking exposure to the asset class.
Mohamed A. El-Erian of the Pacific Investment Management Co. (PIMCO) explains his thoughts on rethinking asset allocation in a changing world.
From aiCIO Magazine's Winter 2011 Issue: Bridgewater Associates’ founder is institutional investing’s True Innovator. Kip McDaniel reports.
From aiCIO Magazine's Winter 2011 Issue: A look ahead to 2012 on the topics of risk parity, real estate, low-volatility investing, LDI, and commodity investing.