Shoot for Alpha, Not Beta in Low-Returning 2016, Mercer Says
Opportunistic and dynamic strategies are key to adding value as few asset classes are still considered “cheap.”
News
How Well Do You Measure Risk?
Forecasts based on typical techniques are “indistinguishable from random noise” for shorter time horizons, according to a Dutch central bank researcher.
Consultants vs. Smart Beta
Railpen’s Chairman John Chilman on the case for “alternative risk premia.”
UK Public Funds Target Pooling Savings
£300 million or more could be saved through ambitious collaborative projects, UK public pensions say.
The Hidden Costs of Passive Investing
The idea that capitalization-based indexes are costless is “lunacy,” according to Research Affiliates.
‘Scrutinize Hedge Funds Now,’ Endowments Told
Investors must ensure they are holding the right funds for their needs, says Mercer.
The RFP From Hell
Will firms work harder for the money? A mammoth, all-custom, boilerplate-answers-banned solicitation out of Orange County’s pension bets yes.
Cystic Fibrosis Foundation Hunts for First CIO
The $3.7 billion fund has begun recruiting.
CalPERS CEO to Depart
Anne Stausboll will leave the $275 billion pension on June 30 after seven years as its chief executive.
Big Names Back Long-Term Value Index
The new tool will allow long-term investors to “put their money where their mouth is,” according to CPPIB’s Mark Wiseman.
Insourcing: Not All About Scale
Asset owners managing bonds and equities themselves say it's simpler—and more achievable—than many might imagine.
The Psychology of a Sell-Off
Investors’ “irrational exuberance” leads to overvaluation—the resulting market correction leads to opportunity.
AIMCo Buys Stake in Alt Credit Specialist
The Canadian sovereign fund has taken a minority ownership stake in DFG Investment Advisers, one of its asset managers.
Investors Press ExxonMobil for Climate Change Transparency
A coalition of institutional shareholders representing $300 billion in assets has demanded ExxonMobil keep up with its competitors and disclose how it is preparing for a low-carbon future.
Cohen Builds Out Family Office, Eyeing Possible Return
The former hedge fund firm turned family office is back with a London base, while a deal with the SEC "opens a path to raising outside capital" in the future.