Analysis: Asset Managers Suffer Slower Revenue Growth
The asset management industry suffered significantly slower revenue growth in 2011, while profitability remained stable, according to an analysis by Casey Quirk.
News
Paper: Three Cheers for Equities Long-Term
Given the return requirements of investors around the world, equities should remain a significant building block in an asset allocation program, Wellington Management concludes.
Overfunded, Sophisticated, Growing…and Established by the Government?
The CIO Profile: The United Kingdom’s Pension Protection Fund is 106% funded—and only getting better with age. Who said entities established by the government couldn’t function effectively?
Quantitative Easing Sinks Pension Funds
QE may have stabilised the UK economy, but pain has been felt by pension funds across the country, the NAPF has claimed.
Australia Treasury Says No to Sovereign Wealth Fund
Australian Treasury Secretary Martin Parkinson has voiced disapproval of a sovereign wealth fund for the country following strong support for such a fund from resource-rich Western Australia.
Actuary: CalPERS Should Slash Assumed Rate to 7.25%
CalPERS Actuary Alan Milligan is recommending trimming the fund's annual return estimate to 7.25% from 7.75%.
GSAM: Better Benchmarking for Better Returns
Starting out with a more focused benchmark can help investors earn better returns, GSAM says.
MSCI Questions Efficiency of Risk-Based Diversification
The application of risk-based strategies for capturing lower volatility may be viewed as more appropriate for a long-term investment strategy than for short-term risk reduction, according to a MSCI whitepaper.
Northern Trust: Popularity of Passive Investing Fuels Customized Beta Strategies
Increased focus on passive investments is making customized beta strategies increasingly appealing to institutional investors.
Could Royal Mail Pension Cause Flash Crash?
Almost £3 billion in UK equity futures could be about to be unwound into the market – what might the impact be?
Is Risk Measurement Damaging Long-Term Performance?
Measurement of risk, rather than the management of it, is damaging investors’ prospects of long-term returns and meeting their liabilities.
Paper: Investors Need Better Balance of Investment/Business Sides, Extremes Are Worrisome
Investment firms must do a better job of being both 'asset gatherers' and 'investors' to build and sustain a business, according to Janie Kass of Margolis Advisory Group.
Alternative Investments: Diversifiers or Dangerously Illiquid?
As alternative investments such as hedge funds gain traction among investors, industry sources warn investors to beware of lockups.
Frank Quits Cardano for New Venture
A prominent European risk and liability management specialist has left one of the market-leading firms to launch his own venture in the investment sector.
PIMCO Advises Investors to Embrace Options Market
The options market allows investors to prosper amid uncertainty, Josh Thimons of Pacific Investment Management Co. (PIMCO) explains in a recent paper.