The active versus passive investment debate has raged within academic circles for decades without resolution. Unfortunately for the world’s asset owners, this has left them wondering what game—Chase alpha? Ride beta?—they should be playing.
The consensus: The rise of derivatives and, more recently, extreme equity volatility have driven many asset owners into the arms of risk parity vendors. The debate: Is this a good thing?
PIMCO is the latest vendor with plans to offer protection against violent market swings following the 2008 collapse and warnings by commentators such as Nassim Taleb of “Black Swan” fame.
Equitable Life's new outsourcing deal with BlackRock is one of the largest European asset management mandates of the year.
A new report says Harvard University and five of its New England peers took too much risk and accelerated the financial crisis.
Presented by the country’s parliament, the proposal is part of a report on new regulations for risk and active management for Norway's Government Pension Fund.
Despite a recent report that shows pension funds deceased their commitments to private equity by 94% last year, the pension protection fund (PPF) has earmarked up to a quarter of assets to alternatives.
The German carmaker completed the largest-ever insurance transaction with a pension scheme.