The latest
Uncategorised posts

Hintze: people are
hungry for alpha

Interest rate risk is the biggest threat to portfolios and the chances of inflation are very high, according to Michael Hintze, founder and chief executive of CQS, who spoke at the AIMA Australia Hedge Fund Forum on September 10. Hintze believes there is a great deal of moral hazard in today’s markets, mostly in money […]
Uncategorised posts

Asset owners invisible in capital debate

Asset owners are not visible in the policy debate about the structural shortage of long-term capital, according to Sony Kapoor, managing director of Re-Define, an economic and financial think tank that advises policy makers and civil society in the European Union. Kapoor, who recently completed a paper critiquing the Norwegian Sovereign Wealth Fund’s investment strategy, […]
Investor Profile

CalSTRS asset liability study recommends…

The investment staff of the $170-billion Californian Teachers Fund, CalSTRS, will present new asset allocation recommendations to the board next week, with a reduction in fixed income and the adoption of a new “absolute return” category the likely outcome. The fund is in the final stages of the long process of its 2012 asset liability […]
WPF Risk Summit

Countering cyber threats

Institutional investors need to be conscious of cyber threats, especially from the Chinese, who are interested in macroeconomic changes that may result in large amounts of money moving around, according to James Mulvenon, vice president of the defense group at the Center for Intelligence Research Analysis. Mulvenon says the risks to companies of their intellectual […]
WPF Risk Summit

Agency risk in US public funds a formula for disaster

Agency risk in public pension funds is a big problem waiting to surface, according to Britt Harris, chief investment officer of the Teachers Retirement System of Texas. “In terms of beliefs, you have to decide whether the pension system is a profit centre for beneficiaries or a political system to influence outcomes,” he says. “Also […]
WPF Risk Summit

Innovating investment beliefs

The concept of investment beliefs is the basis for strategic management and, while widely used in other parts of the world, is “innovative” from a US perspective, Allan Emkin, managing director of Pension Consulting Alliance, says. In a session at the Risk Summit, convened by World Pension Forum and Conexus Financial, publisher of conexust1f.flywheelstaging.com, Emkin […]
<127of255>