The second paper by AQR examining inflation considerations in institutional asset allocation finds an equal risk-weighted portfolio performs better on average and is less dramatically affected by individual inflation and growth scenarios
Research
Inflation in 2010 and beyond
Uncategorised posts
Crypto not suitable for fiduciaries, but opportunities in underlying tech
Cryptocurrencies do not live up to the investment hype and offer nothing but enormous volatility to institutional portfolios, according to PGIM’s mega-trend research team.
Ben HurleySeptember 7, 2022
Research
The five characteristics of a future portfolio: CAIA
The traditional 60/40 portfolio allocation is no longer enough. The opportunity for alpha is not gone, but the low-hanging fruit has long been harvested, and the path toward higher absolute returns has gotten far more nuanced according to a new report from the Chartered Alternative Investment Analyst (CAIA)
Sarah RundellApril 5, 2022
Uncategorised posts
Limited talent pool hits diversity
Asset owners increasingly encourage their asset managers to improve diversity, but both owners and managers report the need to grow diverse talent coming into the investment industry, according to recent research.
Sarah RundellDecember 13, 2021
Research
Finance model says Biden will win
Joe Biden will win the US election according to a technique used in finance to predict factor returns and the correlation of stock and bond returns. The technique, outlined in an MIT working paper, correctly predicted the past five elections, including 2016.
Amanda WhiteOctober 30, 2020
Asset Classes
Alternative PE vehicles underperform
Alternative private equity vehicles underperform the associated main fund, new research from Harvard's Josh Lerner and MIT's Antoinette Schoar has shown for the first time - but skilled limited partners flip the script.
Amanda WhiteAugust 22, 2018
Research
Pensions’ flawed return forecasts
We all know past performance is not indicative of future results, but a new study finds evidence that US public pensions are basing performance forecasts on their own prior experiences anyway.
Amanda WhiteFebruary 8, 2018
Sustainability
PRI demands ESG action from consultants
A new report from the Principles for Responsible Investment states that investment consultants must put ESG issues at the core of the advice they offer, to build a sustainable finance system.
Amanda WhiteDecember 13, 2017
