In Focus

Market Drilldown September 18, 2018

EM Sell Off Brings Economic Fundamentals to Forefront

Investors are rewarding EMs with strong economies and governments, while punishing others as strong dollar takes its toll.

Market Drilldown September 11, 2018

Housing Is Anemic: The Pros and Cons

When the next recession arrives, at least real estate won’t be the culprit. But the industry lacks its old oomph to help with a recovery.

Shop Talk September 10, 2018

The PAAMCO-Texas Connection

How Andrew Gitlin and the Employees Retirement System of Texas formed PAAMCO Launchpad.

Market Drilldown September 5, 2018

China’s Economic Woes Taking Big Toll on Emerging Markets

Commodity-exporting EM’s collateral damage of a Beijing-ordered slowdown and a US-China trade war.

Market Drilldown August 28, 2018

Soaring Dollar-Denominated Debt
Central to Turkey’s Crisis

While Turkey’s Erdogan tries to blame US policy, the country’s troubles are more fundamental and gauging impact on other risk assets is key for investors.

Shop Talk August 21, 2018

Standardizing Criteria Key Challenge for Booming ESG Market

As interest swells, ESG investors must navigate conflicting ratings where grades for a single stock can range from good to bad.

Shop Talk August 17, 2018

Exclusive: Global Real Estate Returns to Decline, Consultant Warns

CalPERS real estate consultant predicts returns will be severely reduced over the next decade for all investors.

Market Drilldown August 14, 2018

As Capex Booms, Gauging Economic Impact Takes Center Stage

Whether corporate capex will result in strong GDP and productivity gains remains to be seen as the economy moves to an increasingly technological footing.

Market Drilldown August 7, 2018

Risk Reduction Key to ESG Investing’s Appeal

Questions remain about the impact on performance, but risk reduction gains champions.

Market Drilldown July 31, 2018

Quant Hedge Funds Trail Old-School Ones, But Reap All the New Money

The allure of computer-based investing is powerful, despite inferior returns.

Shop Talk July 30, 2018

Exclusive: CalPERS Begins New ESG Efforts

New efforts aimed at climate change, technology disruptions and worker pay equity.

Shop Talk July 26, 2018

Why Canada’s Pension Plans Are in Such Good Shape

What US programs can learn from our neighbors to the north, like shucking outside managers and minimizing political interference.

Shop Talk July 24, 2018

A New Spur for Corporate Pension Transfers

This September, a tax change stands to accelerate the already-robust shifting of defined benefit plans to insurers.

Market Drilldown July 17, 2018

Why Artificial Intelligence Won’t Pick Stocks … At Least Yet

AI is all the rage in financial services, but more to aid human managers than to replace them.

Shop Talk July 16, 2018

CalSTRS Hires Co-Investment Advisory Firm

The $225 billion retirement system is also considering starting a REIT portfolio.

Market Drilldown July 10, 2018

NAFTA Has Been a Mixed Bag for Mexico

Why the country wants to renew the embattled pact anyway.