Pensions’ flawed return forecasts
We all know past performance is not indicative of future results, but a new study finds evidence that US public pensions are basing performance forecasts on their own prior experiences anyway.
Pensions add $4.8 trillion in 2017
Pension assets grew by nearly $5 trillion last year and the hottest markets were Australia, Chile and Hong Kong. Go inside the numbers of The Thinking Ahead Institute’s annual pension report.
Report gives EU funds ESG guidance
The High-Level Expert Group’s 2018 report provides a range of recommendations for how Europe’s pension funds can better address the risks and opportunities ESG concerns pose for their portfolios.
Canada’s Caisse innovates in PE
The $233.3 billion pension fund, CDPQ, is looking to expand its sizeable private-equity allocation with moves into emerging markets and unconventional deals. Flexibility is essential.
Bottom-up gets two thumbs down
A pair of researchers cite studies to argue that the ‘bottom-up’ method of constructing multi-factor portfolios reduces transparency and adds complexity, with no visible benefit.
CFA Institute defends curriculum
In a recent article for top1000funds.com, Keith Ambachtsheer called the CFA Institute’s curriculum outdated and short on future focus. The institute argues that he should look again.
