There’s still alpha in public markets

Ron Mock, President and CEO, Ontario Teachers' Pension Plan (CNW Group/Ontario Teachers' Pension Plan)

There is still alpha in public equities markets, s
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AP4: Why a dynamic, shorter term allocation is paying off

AP4: Why a dynamic, shorter term allocation is paying off

Volatile markets have provided a rich hunting ground and opportunistic best ideas have come thick and fast for AP4’s new five-pronged global allocation made up of systematic equity, currency and rates, asset allocation, hedge funds/external mandates and analysis. Magdalena Högberg explains the risks and opportunities of the best ideas allocation.

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Does it pay to pay performance fees?

A new study finds no statistical evidence that returns of pension funds that pay performance fees for active investing are significantly higher or lower than the returns of pension funds that don't.

Utah Retirement to pick PE managers

Utah Retirement Systems considers its strong balance sheet, history of long-term relationships with managers and nimble governance advantages as its search for GPs in private equity begins.

N. Mexico PERA adopts Wisconsin model

Public Employees Retirement Association of New Mexico CIO Dominic Garcia is headed down the path less travelled, employing a risk-parity and alpha strategy he learned with the State of Wisconsin.

A spotlight on hedge funds

A roundup of recent institutional investors' hedge fund activity.

Fees kill alpha from hedge funds

Many hedge fund portfolios perform well before costs but fall into negative alpha after charges are levied, Canadian firm CEM Benchmarking's analysis of nearly 400 large investors has found.

Thirst for data serves Mass PRIM

The $71.9 billion Mass PRIM pores over the numbers to be sure it pays active managers only for skill. That's just one way it uses intense analysis to deliver.

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