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…)
A potentially bitter legal battle shaping up between a municipal hospital and Colorado’s public pension fund demonstrates the likely pressures that underfunded funds face as they are caught up in local and state government efforts to slash their budgets. (more…)
This new research, to be published in the FAJ, shows that the rise in popularity in indexing, through passive mutual funds and ETFs, contributes to higher systematic market risk. It shows, consistent with the accelerating growth of passive investing, that equity betas have not only risen but converged in recent years.