More than 70 investors representing more than $3.1 trillion in pension, endowment and sovereign fund capital will converge on Beijing on Sunday for the first Top1000funds Fiduciary Investors Symposium.
It is a key assumption that financial institutions such as auditing firms and credit ratings agencies will act in an ethical way to protect their reputation because it is, ultimately, the source of their profitability. But groundbreaking work by Harvard University postdoctoral fellow Abigail Brown posits that institutions may actually be incentivised to cyclically “trade […]
Institutional investors are using just a fraction of the “weapons” they have at their disposal when they engage with companies, and need to use the entire proxy proposal process better, Rob Bauer told attendees at a recent PRI conference.
New York State Comptroller, Thomas DiNapoli, has defended public defined benefit schemes, saying that they are not a drag on state government finances, are sustainable and form a vital part of the US economy.
Hedge funds had a disappointing year, according to a study by UK-based alternative assets research firm Preqin that reveals 40 per cent of investors surveyed feel that returns on their investments have failed to meet expectations in the past 12 months. The survey of 50 institutional investors also shows that just 11 per cent feel […]
A global survey of asset owners shows they are increasingly being short-term in their focus and may be overreacting to the current market volatility, says Frank Nielsen, co-head of MSCI’s global applied research group.
Quant hedge fund managers AQR Capital Management have launched a $100,000 annual competition to recognise applied academic papers in finance that have the most significant practical implications for investors.