Good Governance Leads to 14% Outperformance
Research from PIRC and Inalytics has indicated that investing in companies with good governance significantly benefits your returns.
Risk
Harvard: When Interest Rate Swaps Go Sour
Harvard University has revealed it lost $345.3 million terminating interest-rate swaps in the last calendar year.
Consultant Warns of Growing Risky Asset Bubble Threat
An asset allocation consultant has warned that all the hallmarks for the beginning of a bubble are here.
What Are the Risks of Longevity Hedging?
The Canadian federal pensions regulator has published a draft policy advisory outlining longevity hedging risks.
Stable Funding Levels Will Lead to LDI and Risk Transfers, Says Mercer
S&P 1500 companies’ pension deficits are slowly shrinking, leading pension funds to consider ways to take advantage of the improved funding positions.
US Pension Plans’ Route to the Glide Path Endgame
A report has found that most US pension plans are not equipped to face structural changes as they near glide path endgames and improved funding ratios.
Asia-Pacific Investors Dump Hedge Funds in Favour of Conservative Strategies
Research from BNP Paribas Securities Services found Australian, Japanese, and Hong Kong investors favour risk budgeting when modifying their investment strategy.
Is Hedging Longevity Risk About to Get Easier?
Barriers to the popular uptake of longevity hedging may be about to fall, according to analysis by Allianz Global Investors.
LDI Preferred to Pension Risk Transfers for De-Risking
Research by EDM Group has found investors will choose liability-driven investment strategies over other de-risking approaches.
The Extreme Risks Threatening Investment Portfolios
Forget the banking crisis, the most pressing extreme risks threatening investments are much more terrifying.
Why You Must Diversify Your Emerging Market Exposure
Large amounts of assets in emerging market consumer-friendly brands is putting too much risk on investors’ portfolios, an asset manager has claimed.
Greater Investment Skill Needed to Tackle Deficits, Investors Told
Russell Investments’ Sorca Kelly-Scholte said simple de-risking has become too expensive and the time for a more tactical, strategic approach is now.
Future-Proofing Pension Risk Transfers: Worth the Cost?
Law firm Herbert Smith Freehills has advised investors seeking to buy-in or buyout to ask for more risks to be covered than just inflation, interest rate, and longevity.
Is the Pressure to Buyout Putting Members' Benefits at Risk?
UK actuaries are coming under pressure to sign off on pension increase exchanges from plan sponsors.
GSAM: Opportunities Rise as Market Efficiency Drops
A whitepaper argues that changes in brokers and central banks’ behaviors have reduced fixed-income market efficiency, creating opportunities for alpha returns from relative value strategies.