News Archive: Jul - 2012

CIC Says 'Goodbye Stocks'

In an effort to shield itself from short-term market movements, the China Investment Corporation is increasingly shifting away from stocks, according to the sovereign wealth fund's recently released 2011 annual report.

Kay Review: Busting the Alpha Myth

Equity markets are rife with short-termism, but there are other problems too – relative performance is killing alpha creation, leading economist John Kay claims in a far-reaching review.