Prudential and PIC in Longevity Reinsurance Deal
The de-risking giants have sealed a major pan-Atlantic longevity transaction.
Risk
U. California Hires Famed Risk Guru Rick Bookstaber
The Volcker Rule co-author and Bridgewater alum departs the US Treasury to become UC Regents' first chief risk officer.
Coming Soon to Your LDI Plan: Equities
The “surreal” world of near-zero interest rates means liability-driven investing is being rethought, according to an investor survey.
Dividend Disaster Avoidance
Research Affiliates claims to have found three key indicators of investable, dividend-paying companies.
Irish Bank Seals £680M Buy-In with Prudential
The transaction is one of the biggest traditional risk transfer deals in 2015.
Active Share, Deconstructed
Hermes Investment Management has provided more research casting doubt on the importance of active share as a performance measure.
Asness to Haters: Fama-French Weren’t Wrong; You Are.
AQR’s founder is tired of hearing claims that smart beta factors arose from biased backtests.
How to Make Money from a Changing Climate
Research shows preparing your portfolio for a low carbon economy won’t come at a cost—and may even benefit your portfolio.
Why Public Pension Return Forecasts Are Always Wrong
Two academics have shed light on the cultural and behavioural factors that lead some pensions to overstate their return forecasts.
How Longevity Will Scupper Your Investment Strategy
Investors call for more flexible rules to allow pensions to meet the challenges of longer lives.
The Backtesting Crisis
Managers who cherry-pick for optimal results aren’t even the worst abusers, argues Guggenheim’s top quant.
To Reduce Risk, Unfriend Your Manager
Facebook, LinkedIn, and Twitter—and what they mean to your investments.
Dutch Pension Giant Replaces Chief Finance & Risk Officer
PGGM has appointed a new steward to oversee its governance arrangements.
Why Staying In the EU Could Scupper UK Pension Innovation
A warning has been sounded ahead of an expected in/out referendum in 2017.
AQR on Evaluating the Credit Risk Premium
What are you really earning for holding corporate debt—and how are you measuring it?