Investors may have to fundamentally rethink their return and risk expectations with experts arguing there are signs that stock and bond return correlations could turn positive and stay that way for years or even decades.
Inflation woes dominated at a recent TRS board meeting. However the Texas-based fund, one of the few remaining investors in fossil fuels, has benefited from its allocation to energy and is currently eyeing opportunities in natural gas infrastructure as US producers gear up to supply global demand in Russia’s absence.
Examining and learning from the evolution of orthodox finance provides relevant insight to the evolution of ESG data and ISSB standards which like CAPM are simply social conventions. Greg Watson argues that adopting a “no single right way” mindset will create greater resilience in investment by promoting greater differentiation.
An overweight position in real assets and private equity, and an underweight to equities and bonds positioned the Ohio School Employees Retirement System for success in the last year but CIO Farouki Majeed is now even more convinced a stagflationary environment is likely and is positioning the fund accordingly.
New Jersey Investment Division has found shelter in its hedge funds allocation during recent market turmoil. But the investment division’s challenges are underscored by a recent report placing it in the bottom 10 state-wide plans for funded ratio – and holding onto a higher than average ARR.
Formulating strong views and daring to act on them have been critical success factors for Sweden’s buffer fund AP1. And they will remain so going forward says CEO Kristin Magnusson Bernard.
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