Trouble-shooting consultant, Jim Ware, who has worked with the likes of Texas Teachers and Cornell University, gives his tips on selecting managers and as well as how to deal with the “investment” personality type, which makes up only 5 per cent of the population. (more…)
The $38 billion United Nations Joint Staff Pension Fund (UNJSPF) has begun to implement the recommendations of the Hewitt Ennis Knupp asset-liability study which, among other things, recommended higher allocations to indirect assets, emerging markets and private equity. (more…)
Long‐horizon investors have an edge. This paper argues to take advantage of the long-run investors should institutionalise contrarian behaviour by adopting a rebalancing rule, and redefining the concept of risk away from just volatility. (more…)
As US public pension funds grapple with the thorny question of what is an achievable rate of return, a survey of 126 public pension funds has revealed the median actuarial rate of return remains at 8 per cent. (more…)
Asset owners have a responsibility to consider whether their investment strategies are potentially damaging to long-term sustainable wealth creation and are, therefore, not in the best interests of beneficiaries, Harvard University’s David Wood says. (more…)
A study of the performance of companies over an 18-year period has found that high-sustainability companies out perform low-sustainability companies and have lower volatility. (more…)