Sort content by
Asset Classes

MSCI improves factor risk modelling for equities

The most recent Barra US Equity Model, USE4, contains some important innovations in factor risk modelling, including the introduction of country risk factors, volatility regime adjustments, and eigenfactor risk adjustments. Amanda White spoke to executive director and head of equity factor model research at MSCI, Jose Menchero, about what that means.
Uncategorised posts

CII releases “say on pay” report examining investor voting motivations

The Council of Institutional Investors (CII) has released a report analysing investor motivation for voting against the “say on pay” proposal at companies where the motion failed to receive majority support at annual meetings this year. The study, conducted by independent executive compensation and performance consultancy Farient Advisors, examines how the new “say on pay” […]
Uncategorised posts

What is the future of hedge funds at CalPERS?

A rigorous debate between staff, consultant and investment committee has resulted in the $224-billion CalPERS deciding to fund an allocation to hedge funds from its global equities allocation, using futures to neutralise the policy allocation, rather than have a separate strategic asset class. But the strategy is on watch, and will be reviewed mid-next year.
<20of82>