Morningstar research also says fees are ‘a reliable predictor of future returns.’
Morningstar study finds higher bias levels lead to worse financial outcomes.
Private credit, real estate, emerging markets. Here are the ways CIOs at HOOPP, the James Irvine Foundation, and two others are solving the allocation puzzle.
Sure, passive beats active hollow overall, but ferreting out the market beaters is worth it. Some pension funds heartily agree, some really don’t.
The $8.9 billion in inflows in the first six months smashes 2018’s full-year record.
Equity strategies may not stand up to the complexity of the fixed income markets.
AQR CIO says firm is sticking with strategy until proven otherwise.
One sees parallels to 2007 in current market conditions.
While currently a small part of overall business, private credit could help pension funds meet returns.
Corporate debt could hit ‘wall of maturity’ in a few years, Morningstar panelists say.
Practice seen as less risky as it was before the financial crisis.
Performance-based model, new leadership strengthens position.