Passive Aggressive – the world of index investing is in flux as ESG integration into passive is on course to become the norm for new mandates.

In the last year there has been a quiet revolution
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European investors reject debt crisis narrative as higher bond yields trigger fixed income shift

European investors reject debt crisis narrative as higher bond yields trigger fixed income shift

The rise in government bond yields is being driven by higher policy-rate expectations and commodity supply concerns linked to the Strait of Hormuz, not fears of an imminent sovereign debt reckoning. Investors share how they are preparing for higher returns.

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The bright and dark sides of PE

Analysis of institutional investor private equity allocations shows the differences in implementation styles and related costs are a key driver of a wide dispersion in private equity results. Researchers at CEM Benchmarking show that costs matter, a lot, in PE.

Coronavirus: market impacts

The coronavirus has triggered a market correction, bringing the S&P 500 off its all-time high. But as always an analysis of fundamentals, and the relationship between price and value, is essential for allocating capital. So could this be a time to buy?

Church of England’s transition index

Being passively invested shouldn’t mean being passive with regard to responsibilities says the Church of England Pension Board which has developed a new climate transition index with FTSE Russell, LSE and TPI that is the first to incorporate forward-looking climate data.

Oregon PE revamp shakes off GFC legacy

Oregon Investment Council has committed to investing $3 billion a year in private equity, with the smooth pacing strategy part a response to the fund’s overweight position to poor performing vintages as a result of its allocations before and after the GFC. The investor is also focusing on manager relationships with a focus on accessing new relationships and upsizing the best existing ones; and a new strategy that sees no provider in charge of more than 5 per cent of the portfolio.

Recession likely in six months: index

There is a 70 per cent chance a recession will occur in the next six months according to a new index measuring the state of the economy that uses a statistical method first applied to analysing human skulls.

Scientific Beta critiques TEG benchmarks

Scientific Beta has critiqued the proposals of the TEG on climate benchmarks, arguing they are unduly influenced by commercial interests and do little to discourage greenwashing or support decarbonisation efforts in the real economy.

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