Oregon’s evolving strategy
Oregon State Treasury has undergone material change to its structure and process evolving its investment strategy and techniques including smart beta, private equity and internal management.
The low-risk anomaly in credits
In this Research Note we show that low-risk credits had superior risk-adjusted excess returns over the past 20 years. By selecting low-risk bonds from low-risk issuers, investors would have earned credit-like returns at substantially lower risk. Read more about the low-risk anomaly in credit markets using various dimensions of risk. Read the research paper »
The future of pension management
Keith Ambachtsheer’s fourth book, to launch next month, tackles the persistent problems in pension governance, design and investment, including the sizeable aspiration/implementation gap.
How to be more opportunistic
With proper governance, Mercer suggests the best way to create value is to establish an internal process to evaluate and capture market opportunities and give external managers more flexibility.
PFA poised for alternatives assault
Alternatives the focus for Danish fund PFA, under the guidance of Henrik Nohr Poulsen who joins from Industriens Pension.
The collective brain
The Future Fund knows exactly where its leadership team’s cognitive strengths, and weaknesses, lie. Does your fund?
