Mergers and acquisitions among funds managers will continue at a steady pace for the remainder of this year as capital market stresses recede around the world, according to the latest report from Jefferies Putnam Lovell, a management consultancy.
Qatar looks to China for more investments
The $62 billion Qatar Investment Authority (QIA)Â could access a greater range of investments in China if its government executes plans to set up an investment promotion office in Beijing in 2010.
Alternatives and Liquidity: Will Spending and Capital Calls Eat Your “Modern” Portfolio?
An award for the academic paper with the most relevance to institutional investors, as judged by a panel including the chief investment officers of three large European pension funds, has been awarded to Laurence B Siegel, for his paper “Alternatives and Liquidity: Will Spending and Capital Calls Eat Your ‘Modern’ Portfolio?” published in the Journal … Read more
Future Fund takes big step for corporate governance
The A$58 billion ($46 billion) Australian Future Fund has made a number of corporate governance-related decisions, including bringing its proxy voting for domestic shares in-house and the creation of an environmental, social and governance risk management function.
Target Date Funds: Looking beyond the glide path
Target date funds vary in their broad asset allocation, in their sub-asset allocation of the broader
asset classes, and their implementation. This paper outlines some methodologies across providers, highlighting the different risks associated with the various strategies and illustrating the impact on performance over both a longer period, as well as a shorter, more volatile, period like 2008.
Carbon risks reduced by good stock selection
Asset managers can dramatically reduce the carbon footprints of their funds through stock selection without the need to alter sector weightings or their overall investment strategy, according to a report by Mercer and Trucost for the WWF, that also found asset owners could encourage the active management of carbon risk in portfolios.
