Become a member and subscribe Login

Stock / bond correlations top of mind for Wisconsin

Amanda White

May 24, 2024

The State of Wisconsin Investment Board is incorpo
Continue Reading

A Top1000funds.com subscription unlocks the full article

Join the global institutional investment platform read by the world's largest asset owners, fund managers and consultants.

New here

Create an account

Complimentary to register. We'll verify your details and grant access to the archive, our newsletters and the Asset Owner Directory (enhanced features coming soon).
Register now
Already a member

Sign in

Already activated your account? Sign in to continue reading and access your saved articles, preferences and member-only content.
Asset owners get permanent complimentary access. Learn more about memberships
Asset Owner:State of Wisconsin Investment Board (SWIB)
  1. Garth Flannery

    This is a good paper for explaining contemporaneous stock bond correlation. As the SWIB paper mentions, the prospect of predicting the stock bond correlation is left for future research. We have a paper that addresses prediction (3 month forward horizon), under review by the FAJ and presented in the July 2023 JPM Quant Conference. It is on SSRN, called “A Changing Stock-Bond Correlation: Explaining Short-Term Fluctuations”.

Leave a Comment

More from this fund

China tech rivalry is ‘existential’ for the US – and diversification

Lachlan Maddock

June 02, 2026

Litigation, fees and structures: Why 401(k) plans won’t jump into alts, yet

Sarah Rundell

September 09, 2025

SWIB: Why real estate investors are still talking about the pandemic

Sarah Rundell

August 19, 2025

SWIB develops model to highlight inflation risk

Sarah Rundell

December 06, 2024

Inside the year-and-a-half-long review into ATP’s complicated portfolio

Inside the year-and-a-half-long review into ATP’s complicated portfolio

Danish pension giant Arbejdsmarkedets Tillægspension (ATP) has been urged to cull risk, establish formal portfolio benchmarks and reduce private markets exposures, according to an external review committee which handed down a 536-page report into the fund’s investment operations after an 18-month review. Following the release of the report by the board this week, co-author of the review Andrew Ang unpacks the findings with Top1000funds.com.

Darcy Song

September 02, 2026

TfL Pension Fund: A bespoke benchmark in Bridgewater mandate strikes gold

Sarah Rundell

August 25, 2026

CalPERS’ private markets chief: TPA won’t disrupt PE commitment pacing

Darcy Song

August 20, 2026

LPPI: Keeping AI risk in check

Sarah Rundell

August 18, 2026

Why ACC investment chief believes CIOs should stay hands-on with portfolios

Darcy Song

August 18, 2026

Sort content by

USS calls time on emissions reporting

USS has steadily reduced the carbon footprint of its portfolio but real world carbon intensity and global emissions have climbed relentlessly higher. Now the investor says it is going to focus more of its effort on engagement with policymakers than reporting its emissions.

Sarah Rundell

March 13, 2025

Wellcome Trust’s cautious approach: Cash pile grows waiting for opportunity

Wellcome Trust is holding nearly 10 per cent of its £37.6 billion portfolio in cash and bonds as it waits for sufficiently interesting long-term investment opportunities to arise - namely a big fall in public equities that would absorb large-scale funds quickly.

Sarah Rundell

March 10, 2025

Switzerland’s MPK taps gains in gold, equity and real estate

Stephan Bereuter, CIO of Switzerland's Migros-Pensionskasse (MPK) explains why he favours gold, and argues that after three years in the doldrums core real estate opportunities are starting to open up.

Sarah Rundell

March 06, 2025

OMERS positions to buy, favouring North America

Only two years into the top investment job at OMERS, Ralph Berg has made his mark, dramatically re-engineering the investment programs, adjusting the geographical focus and getting ready to buy as M&A markets open up. Amanda White reports.

Amanda White

March 03, 2025

In muted IPO market, OTPP’s venture growth team talks exit alternatives

In a bid to support portfolio companies in Teachers’ Venture Growth allocation, the pension fund convened a discussion on how founders and CEOs can optimise their exit.

Sarah Rundell

February 20, 2025

Railpen urges all investors to elevate cyber security

The growing threat of cyberattacks at portfolio companies - from the growth in AI, IT skill shortages and geopolitics - is viewed as a key risk at the £34 billion Railpen. The investor outlines how other asset owners and managers can engage on the issue.

Sarah Rundell

February 18, 2025

Previous
Load more

Fiduciary Investors Podcast Series

Listen to Podcast

Subscribe now to

Become a member and subscribe

Join Now

Top1000funds.com is the market leading news and analysis site for the world’s largest institutional investors. It focuses on leading the global investment industry to continuous improvement through case studies of best practice in governance and decision making, portfolio construction and efficient portfolio management, fees and costs, and sustainable investing.

The publication pushes the industry to question whether status quo processes and behaviours to tackle risks and opportunities will be sufficient in the future, and actively campaigns for diversity, sustainability, transparency, innovation and better alignment of fees in the investment industry.

Top1000funds.com is read by investment professionals in more than 40 countries.

Privacy Policy | Terms of Service | Cookie Policy | AI Editorial Policy