The international climate process survived at COP16, but the UN Cancun Agreement does not solve key issues such as legally binding emission targets and carbon pricing, according to chair of the Institutional Investors Group on Climate Change, Ole Beier Sorensen.
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Two-thirds of Europe’s alternative assets fund managers oppose the AIFM Directive, with the EU passport and disclosure requirements topping the list of concerns.
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Scientific director at EDHEC-Risk Institute Lionel Martellini, reminds investors of the difference between risk management and risk measurement, highlighting there are some limits to risk diversification.
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This study by Tobias Dechant and Konrad Finkenzeller from the University of Rengensberg’s BS Institute of Real Estate, reassesses the role of real estate in the asset allocation processs, by considering a wide range of alternative and/or seemingly related assets, paying particular attention to infrastructure.
The equity risk premium has come in for some renewed analysis in the past couple of years as investors attempt to reconstruct their portfolios to defend against any future fat-tail events. (more…)
Leveraged loans are the senior-most debt obligations of non-investment grade corporate borrowers and are an attractive source for uncorrelated returns, argue David Frey and Julian Qin, of Highbridge Principal Strategies. (more…)