Editor of the Financial Analysts Journal and chair of Ennis Knupp & Associates, Richard Ennis, believes contemporary asset allocation schemes are becoming unwieldy for many decision makers because of the proliferation and splintering of investment categories, and advocates an approach that relies more on empirical evidence than on assumptions or intuition.
As concerns in private credit mount, Colorado PERA CIO and COO Amy McGarrity says the pension fund isn’t seeing any strains in its growing allocation to the asset class, arguing that long-term investors are shielded from the risks because they can lock up their capital to weather market cycles.
This paper proposes a unique dynamic portfolio construction framework that improves portfolio performance by adjusting asset allocation in accordance with a forecast market risk. It finds that modifying asset allocation to the market risk barometer offers investors the “promising opportunity” to meaningfully enhance portfolio performance across market environments. To access the paper click below
The Policemen’s Annuity and Benefit Fund of Chicago has appointed GMO and PIMCO to global tactical asset allocation mandates boosting the fund’s alternatives allocation by 10 percentage points. mrec4inarticleinline Sponsored Content scnative1 scnative2 scnative3
OMERS has will capitalise on its ability to invest for the long-term and use the newly-launched venture capital arm to invest directly in the entire life cycle of a project. OMERS Ventures, which will be the avenue for the fund to invest directly in venture rather than through funds, is predicated on funding through the
The volatility in global markets has prompted the $154 billion CalSTRS to an underweight global equities position, moving assets into cash, its chief investment officer, Chris Ailman, said.mrec4inarticleinline Sponsored Content scnative1 scnative2 scnative3
QSuper is re-inventing itself. On the eve of marking a century, the $27 billion superannuation fund for Queensland public sector workers is redefining its investment beliefs and living them through a strategy that is purposefully different from those of its Australian peers. mrec4inarticleinline Sponsored Content scnative1 scnative2 scnative3
This summer the Washington State Investment Board will conduct two “deep dives” using its new risk tools to examine the portfolio exposure to US debt, and the impact of turmoil among the European Union. Executive director, Theresa Whitmarsh, discusses the board planning session, which will also include a review of the fund’s resource constraints.mrec4inarticleinline Sponsored
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