Opinion
Assessing smart beta strategies
Analysing smart beta performance and risks is not monkey business. For a better understanding of smart beta strategies it is crucial to analyse their construction.
Investor Profile
AP7 accelerates equity returns with leveraging
The SEK150-billion ($22-billion) AP7 fund supplies the cream on the top of the Swedish public pension system. It essentially delivers premium pensions (in addition to the much larger pay-as-you go component) with a generous dose of equities. It has been able to further sweeten its offering by leveraging the main chunk of its portfolio. AP7 […]
Dan BillinghamSeptember 18, 2013
Investor Profile
CalSTRS asset liability study recommends…
The investment staff of the $170-billion Californian Teachers Fund, CalSTRS, will present new asset allocation recommendations to the board next week, with a reduction in fixed income and the adoption of a new “absolute return” category the likely outcome. The fund is in the final stages of the long process of its 2012 asset liability […]
Amanda WhiteSeptember 4, 2013