This paper, “Property Derivatives for Managing European Real-Estate Risk,” co-authored by Frank Fabozzi from the Yale School of Management, Robert J. Shiller from Yale, and Radu Tunaru from the Cass Business School was recently awarded the European Financial Management Best Paper Award. (more…)
The $289 billion Thrift Savings Plan (TSP), the largest defined contribution plan in the world, is embarking on a tender of its entire outsourced investments, worth about $173 billion. The incumbent is Blackrock. Executive director, Greg Long, explains the process to Top1000funds.com. (more…)
In an era of downgrades managing sovereign risk is a growing concern, and in the current environment investors need to actively manage their fixed income portfolios, says Russell Investment’s Andrew Pease. (more…)
Norges Bank Investment Management, which manages the 3.1 trillion kroner ($580 billion) Norwegian Pension Fund Global, has reported on the water management risk disclosure of the companies it invests in for the first time. (more…)
The outlook for the euro is dire, according to the Frankfurt-based Georg Schuh, head of fixed income, Europe, for Deutsche Asset Management, and investors should react accordingly. (more…)
While cautiously optimistic about the chances of a global recovery, State Street Global Advisors chief economist Dr Christopher Probyn says last week’s speech by US Federal Reserve Governor Ben Bernanke was disappointing. (more…)