ETFs: Institutional in Origin, Institutional in Outlook
From aiCIO Magazine's Summer Issue: Institutions' deployment of ETFs fall into four categories -- portfolio tactics, liquidity management, equitization, and transition management.
News
The Benchmark
From aiCIO Magazine's Summer Issue: Benchmarks are now etched in the stone pillars of performance.
American Frontier
From aiCIO Magazine's Summer Issue: From a foreign perspective, is America the next great investment opportunity? David Pawsey reports.
The End of the 3 and 30
From aiCIO Magazine's Summer Issue: Hedge funds of funds have been called a “cancer on the institutional investor world.” For the large asset owner, is it time for this cancer to perish? Kip McDaniel reports.
Nominations Open for aiCIO Industry Innovation Awards 2011
Nominations are now open for aiCIO's annual Industry Innovation Awards for asset owner and asset management/servicing categories.
BlackRock Names Terrence Keeley Head of Official Institutions Group
BlackRock, the world’s biggest money manager, has hired Terrence Keeley to lead a unit overseeing relations with sovereign funds and central banks.
BNY Mellon Allegedly Cheated MassPRIM Out of $20 Million in Foreign Exchange Trading
Massachusetts State Treasurer Steven Grossman and MassPRIM Executive Director Michael Trotsky in a June 13 press conference announced that the state’s $50 billion pension fund had been overcharged $20 million on foreign exchange trading by BNY Mellon.
Establishment Series: The Who's Who, ESG Investing Edition
From aiCIO Magazine's Summer Issue: Environmental, social, and governance investing has gained traction, yet it is still not exactly mainstream.
Consultant Corner: Investment Outsourcing
From aiCIO Magazine's Summer Issue: Is investment outsourcing by consultants a conflict of interest, confusion of responsibility —- or neither?
Reasons Why You're Crazy
From aiCIO Magazine's Summer Issue: University of Chicago professor Eugene Fama's Efficient Market Hypothesis (EMH) has helped lead to a number of important developments for investors.
The One-Stop Pension Shop. Really.
From aiCIO Magazine's Summer Issue: The trend of full-service banks forming their pension-dedicated units has accelerated since the global financial crisis.
LDI in 2011: A Faustian Bargain?
From aiCIO Magazine's Summer Issue: CEOs are demanding that their pension funds be de-risked to avoid large contribution surprises, yet de-risking means lowering equity exposure when underfunded pensions need equity-like returns.
Good Investment? Yes. Asset Class? No.
From aiCIO Magazine's Summer Issue: While some say China's economy may be robust enough for the country to become its own asset class, many consultants and other asset managers disagree.
Your Largest Unmanaged Exposure
From aiCIO Magazine's Summer Issue: The problem with currency exposure and its potentially disastrous effect on portfolio valuations lies as much with the way chief investment officers and their Boards think about the problem—the “grammar used to define currency risk.
Norway’s SWF Bullish on Europe
Norway’s $570 billion sovereign wealth fund Norges Bank Investment Management is “very positive” about the long-term outlook for Europe despite fear over the growing debt crisis.