Why investors employ smart beta strategies
The common view is smart beta is used to side step expensive active equity managers or hedge fund managers whose processes are on the surface opaque, but on close investigation turn out to be largely beta like in approach. As investors have gained experience and familiarity they have also learnt about how it offers greater granularity of approach, by offering investors…

A step in the right direction: investment pooling for UK local authority funds
The London Pension Fund Authority (LPFA) and the Lancashire County Pension Fund (LCPF) have agreed to a liability asset management partnership - known as the Lancashire and London Pensions Partnership (LLPP) - that allows for the pooling of assets and a reduction in investment costs. Each of the funds will retain their own strategic asset allocation, but assets will be pooled…

Worldwide diversity in funded pension plans
There is a huge diversity in pension system design across the globe, reflecting historical, cultural and institutional diversity. There is much to be learned by each of the different systems, so in order to compare the benefits of various systems, two authors from APG in the Netherlands postulate a new classification of four role models of funded pension plans. They thus…

Re-intermediating investment management
In this paper, Ashby Monk and Rajiv Sharma from the Global Projects Center at Stanford University, examine the balance of power among the various parties in the private assets investment food chain. They argue that fund managers have too much power, as do the consultants that act as gatekeepers to those managers. While the authors recognise managers add a certain amount…

Managing culture with risk management techniques
The interaction between governance, culture and performance is increasingly a topic around asset owner board tables. But little has been written about the relationship between culture and the financial crisis, and how to change culture in financial services organisations. Andrew Lo, professor of finance at MIT, has come up with a proposal to change culture by drawing on traditional risk…

PreviousNext
In-Depth
Analysis >
The interaction between governance, culture and performance is increasingly a topic around asset owner board tables. But little has been written [more]
Research >
There is a huge diversity in pension system design across the globe, reflecting historical, cultural and institutional diversity. There is much [more]
Insider >
As the fixed income asset class undergoes rapid change and the opportunity set expands, unconstrained bond funds have become popular. But as this article examines, with that expanded opportunity set [more]

Upcoming Events

  • Filter:
  • News

    Intelligence on up to the minute items from around the globe

  • Investor Profile

    Behind the scenes summary of large institutional investors’ investment strategy and future plans

  • In Conversation

    Candid conversation with the leading investment experts

  • Analysis

    An in-depth examination of the latest investment trends and ideas

  • Insider

    An editorial perspective on what affects the people and processes in this industry

  • Research

    Cutting edge academic and practitioner insight

Why investors employ smart beta strategies

The common view is smart beta is used to side step expensive active equity managers ... [more]

A step in the right direction: investment pooling for UK local authority funds

The London Pension Fund Authority (LPFA) and the Lancashire County Pension Fund (LCPF) have agreed ... [more]

Worldwide diversity in funded pension plans

There is a huge diversity in pension system design across the globe, reflecting historical, cultural ... [more]

Re-intermediating investment management

In this paper, Ashby Monk and Rajiv Sharma from the Global Projects Center at Stanford ... [more]

Managing culture with risk management techniques

The interaction between governance, culture and performance is increasingly a topic around asset owner board ... [more]

Why integrated reporting makes sense: Robert Eccles

Robert Eccles has been trying to change the nature of corporate reporting for more than ... [more]

Opportunities in Europe

Investors and academics agree that political developments in Greece are important because they may shape ... [more]

Capturing true geographic exposures in risk reporting

New research by EDHEC-Risk Institute questions the usefulness of analysing geographic equities exposures based on ... [more]

More evidence big is better in pension funds

A pension fund that has 10 times more assets under management has on average 7.67 ... [more]