The largest 20 funds managers in the world lifted their combined market share last year as the industry recovered from two years of funds under management outflows.
Risk parity guru warns on misuse
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.
US equities’ reallocations to hit small players
New endowment model: follow the SWFs
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.
Northern Europe scoops the pool for pension systems
Broeders develops risk-sharing formula
Senior economist, supervisory strategy at De Nederlandsche Bank, Dirk Broeders, has completed research which calculates an explicit formula for risk sharing by pension funds. 
