Fiscal constraints around the world, but especially in Europe, are leading to a surge in investment opportunities in various asset classes. Greg Bright reports on one.
The shock of asset class correlations going to one during the global crisis has prompted new ways to look at asset allocation among institutional investors and managers, which have started to drill down into the risk factors driving markets.
Problems beings faced by banks in Spain, Portugal and Greece should not unduly worry investors in the general leveraged loan market in the UK and Europe, according to at least one experienced fund manager.
A funds management fee which starts from a low base but ratchets up or down annually according to performance since mandate inception has been floated by Mercer as an alternative fee model.
The pension deficits of UK pension funds actually retreated last month, despite the worst stock market performance since early last year.
With an enormous portfolio that includes management of 1 per cent of the world’s equities, the NOK2.7 trillion (US$431 billion) Norges Bank Investment Management, recently did a study examining the role of active management. Amanda White spoke to chief strategic relations officer, Dag Dyrdal (pictured).