Beyond Rational: Investor Sentiment and Risk Perceptions
Investors judge risk and returns on sentiment and behavioral patterns, not just the rationality of prices, research has found.
Risk
An SWF Deputy's Guide to the (Risk) Galaxy
A review of new book by David Iverson, head of asset allocation for New Zealand Super, on belief clarity, signs of bad governance, and uniting asset classes with risk factors.
‘No Consensus’ on Smart Beta Fixed Income Methods
A senior researcher at EDHEC-Risk Institute has told aiCIO there’s a long way to go before smart beta can become a reality for fixed-income portfolios.
Are You Analysing Your Portfolio Costs Correctly?
Investors should compare investment costs to alpha generation and not total return to get a clear idea of how expensive their portfolio is, according to Wurts & Associates.
Managing Regulatory Risks on Leveraged Credit
With the Volker Rule, risk retention rules, and more than two-thirds of CLOs reaching the end of their reinvestment period in three years, how should investors prepare?
GSAM: US Monetary Policy Lagging Economic Cycle
As developed economies move from the recovery to the expansion phase, Goldman Sachs Asset Management argues that the Federal
Reserve may need to raise interest rates sooner than expected.
JP Morgan Merges 'London Whale' Division with Treasury
The bank
continues to restructure its management and organization following the $6.2 billion loss from its chief investment office.
2013 Gain Wiped from US Corporate Pension Funding Rates
Falling US treasury rates, flat equity
markets, and increasing liabilities in 2014’s first quarter signal pain for US corporate pensions.
Co-Investment in Private Equity Carries ‘Substantial Risk’
Private equity advisor and fund of funds firm Altius has claimed research proves that co-investment deals are likely to produce poor returns.
European Gloom Dampens Global Positive Risk Appetite
Pessimism seeps through Europe, while Asian investors look to the upside.
De-Risking Drive Leads to Alternatives and Real Assets Push
Research from Clear Path Analysis has found US final salary funds are racing towards buyouts.
Mega Buyouts Land in the UK
The UK’s largest pension risk-transfer to date has its pushed deal volume towards record levels in the first quarter of the year.
El-Erian: the Impact of the New Normal
The former PIMCO CEO has provided an update on the New Normal and its impact on the financial world.
Is Reinvestment Risk Being Ignored?
As investors prepare for a rising rates environment, has reinvestment risk slid off their radar?
Pension Fund Goes Dutch on Risk Sharing Transaction
The Netherlands’ second largest pension fund has entered into an agreement which will provide access to €3.2 billion of corporate loans.