Investors are watching conflict in the Middle East closely as inflationary pressures begin to build beneath the surface. One of the challenges for many investors is reduced exposure to the hedging benefits of fossil fuels in listed, and private markets.
After an extensive review and high-level workshop earlier this month the CalPERS’ investment team will seek board approval in December for a total-fund plan to more fully integrate environmental, social and corporate governance principles into all the investment decisions it makes in each of its asset class.
A study examining funding policy, benefit design, and economic assumptions of six US public funds, which managed to endure the economic turmoil, shows some consistent features that could be emulated for fund persistence.
This extension of previous research by Morgan Stanley’s Martin Leibowitz and Anthony Bova provides an analysis of the relationships between rebalancing liquidity, portfolio flows, and diversification into illiquid assets.
Conflicting social, political and economic priorities are fighting for dominance in the Eurozone, and managing director and head of currency management at SSgA, Collin Crownover, believes this is affecting the outlook for the currency, while the US dollar, in a relative sense, looks quite positive.
The Council of Institutional Investors has called for the Securities and Exchange Commission to pursue a re-hearing of a controversial proxy access rule that would have bolstered shareholder rights but was recently defeated in a legal challenge.
Despite European public equity markets tumbling, private equity is yet to experience the sharp downturn it suffered in the last financial crisis, with investors still showing interest in the strongly performing asset, said independent alternative assets research firm Preqin.
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