Asset Allocation
Passive ETFs Turn Out to Be Pretty Active
They’re often used or even constructed to be anything but index-hugging funds, a study says.
Tag: Leverage
Manager Selection
What Will Differentiate the Best Alternatives Investors in the Next 10 Years?
We ask Anton Pil, global head of alternatives for JPMorgan Chase & Co.
Risk
CalPERS Board Votes to Increase Portfolio Leverage, Maintain 6.8% Discount Rate
The move is indicative of increasing risk-taking among pension funds across the country.
Risk
Bubble, Bubble: How Bad Will the Bull Market’s Demise Be?
With the market at a record, thoughts of the abyss are rife. Richard Bernstein lays out this dreary view.
Too Much Leverage, Too Much Risk Are Weighing Down Hedge Funds
Designed to fly high during slumps, a bunch of them have disappointed, big time.
Yikes, Lofty Corporate Debt Will Hurt Us When Earnings Slip, Moody’s Warns
Record leverage, at 46.6% of GDP, leaves companies vulnerable, says economist Lonski.
New Tax Law Will Aid PE-Owned Companies, Study Says
PitchBook: Lower corporate tax rates and immediate write-offs will juice profits.
LDI Struggle, CIO’s Leverage
When it comes to the leveraged, long-dated credit risk of liability driven investment (LDI) funds, banks will battle for their balance sheet.