Edward Qian, CIO of PanAgora Asset Management, coined the term “risk parity”, but he says there are misconceptions about how the approach uses leverage which, if used incorrectly, undermines its essence – risk diversification. (more…)
The US asset management and consulting arena is undergoing massive change, with large institutions re-allocating away from domestic exposures potentially having a big effect on the market, president of Rogerscasey, Tim Barron, says. (more…)
Some sort of shape is starting to take place, post-global crisis, as to how the biggest, longest-term investors are spending their money. If the endowment model was the one to follow for the past 20 years, the sovereign wealth fund model may be the one to follow for the next. (more…)
The Netherlands, Switzerland and Sweden were ranked the top three countries for their pension systems in the second annual study which rated adequacy, sustainability and integrity of both public and private pensions around the world. (more…)
Senior economist, supervisory strategy at De Nederlandsche Bank, Dirk Broeders, has completed research which calculates an explicit formula for risk sharing by pension funds. (more…)
The superannuation industry’s promise to deliver steady investment returns over the long-term is unnecessarily compromised by funds’ need to maintain a high level of liquidity. (more…)