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

Access the full content on Top1000funds.com

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).
Create your Top1000funds.com subscription account
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

Research fund embraces innovation

In 2005, the $3 billion WARF embraced a risk parity strategy with a portable alpha overlay. Despite many doubters, the plan has been a success - and the fund still has that experimental ethos.

Sarah Rundell

March 06, 2018

PGGM maps portfolio’s impact

The $268 billion PGGM mapped its entire portfolio based on the effects it had on 'the people and the planet'. For the sustainability-focused giant, the results were surprising.

Amanda White

March 02, 2018

Church Commissioners prepares early

The Church of England's $11.1 billion endowment emphasises having plans in place before markets become minefields. CIO Tom Joy also goes against trends, and he's most particular about managers.

Sarah Rundell

February 28, 2018

Ireland ISIF sparks local economy

The Ireland Strategic Investment Fund pours money into private markets in the local economy that are underserved, to spark GDP growth. Despite challenges finding opportunities, it works.

Sarah Rundell

February 23, 2018

GEPF shows value of governance

A controversial loan and an accounting scandal at an investee company demonstrate the value of ESG practices at the $131 billion South African Government Employees Pension Fund.

Sarah Rundell

February 21, 2018

APG takes the lead on AI

APG is one of the few large asset owners putting AI to work effectively in its investment process. Amanda White looks at how it is integrating machine learning and more to enhance decisions.

Amanda White

February 16, 2018

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