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NEST broods on SRI choice

The UK’s National Employment Savings Trust (NEST) will offer members a socially responsible investment fund, one of the first investment decisions the trustee board has made as it finalises its investment strategy.
Investor Profile

APG opts for status quo in allocations

Conservatism will reign in the Netherlands in 2011, as a well-diversified, relatively liquid portfolio drives the asset allocation of APG Asset Management. But while caution rules, head of strategy, Ronald Wuijster is also well-aware of the need for an open mind around the measurement of risk.
Uncategorised posts

Mercer buyout of Hammond augurs boutiques’ demise

Mercer’s acquisition of US-based Hammond Associates marks the continued trend of a new consulting environment that raises the question of whether boutique firms can survive. Amanda White spoke to Mercer’s US investment consulting leader, Jeff Schutes, about why clients’ demand for deeper resources and knowledge is driving the consolidation, and why large firms are rejecting […]
Research

Stock exchange merger and liquidity

This paper by Columbia University’s Ulf Nielsson, empricially investigates the effects of stock exchange consolidation, specifically measuring how it affects stock liquidity and how the effect varies with firm type.
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