Moore Capital, Bridgewater, Citadel: The Big Hedge Funds’ Greatest Exposures
Hold much securitized credit? The answer is probably ‘yes’ for investors in the 30 largest hedge funds—whether they know it or not.
Risk
OCIO Business Expected To Increase by 54%
Investment consultants expect their outsourced CIO business will comprise 18.5% of their total assets by 2016, Cerulli Associates’ research has found.
A Third of US Public Plans Pessimistic About Funding
A Milliman report has found a third of public final salary plans have lowered their actuarial interest rate assumptions, even though it has hit funding levels.
Cardano Challenges Outsourcing Competitors with Five-Year Results
Fiduciary management has paid off for some pensions—will other providers publish their results too?
MassMutual Chalks up First Buyout since Rothesay Life Deal
The Massachusetts-based insurer has announced a sizeable bulk annuity deal with North Carolina manufacturer SPX.
Good Governance Leads to 14% Outperformance
Research from PIRC and Inalytics has indicated that investing in companies with good governance significantly benefits your returns.
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.