News Archive: Feb - 2016

Control Freaks

The biggest fund managers in the world are doubling down on multi-asset. Are asset owners willing to cede control?

How Sharpe Ratios Can Fail

Risk measures used for Sharpe ratios are not consistent with investors’ long-term time horizon, Aon Hewitt says.

The Death of LDI?

In some locales, the theory of liability-matching is coming up against the reality of markets.

The True Cost of Smart Beta

New forms of passive investing haven’t brought down costs—in fact, some providers may be charging a premium for their “innovation,” Morningstar says.