Subscribe Login

Activist Investing

by

Activist investing is an investment approach whereby an investor seeks to influence the strategy of a company. Strategy may be very broadly defined to include acquisitions, divestitures, capital structure, dividend policy and board composition, inter alia. We see two broad aspects of this strategy that may exist separately or together. First, activist investing may seek … Read more

Is Alpha Just Beta Waiting to be Discovered? What the rise of hedge fund beta means for investors

by

Alpha is shrinking, and it’s good news for investors. This idea may seem paradoxical. But alpha is really just the portion of a portfolio’s returns that cannot be explained by exposure to common risk factors (betas). With the emergence of new betas, the unexplained portion (alpha) shrinks – alpha gets reclassified as beta. The rise … Read more

Basis Risk in Liability-Hedging Strategies

by
Recent pricing dislocations in U.S. fixed-income markets have illustrated there is more to hedging a liability’s interest rate risk than simply matching its duration. Basis risk – in the context of liability hedging – is the risk that the changes in the market value of assets, designated as a hedge, will deviate from the changes in the value of the appropriate liability benchmark.

Read more

Diversification With Attitude, parts A and B

by

Diversification is one of the few reliable ‘free lunches’ in asset markets. Nevertheless, investors do not always extract the best from the available benefits. Many portfolios still carry some concentrated risk exposures. And when diversification is pursued, it often occurs under the shotgun approach of increasing the number of return sources, albeit guided by a … Read more

Upload a profile image

by

"Lorem ipsum dolor sit amet, consectetur adipisicing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur. Excepteur sint occaecat … Read more

Make a connection

by

"Lorem ipsum dolor sit amet, consectetur adipisicing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur. Excepteur sint occaecat … Read more

Load More

Subscribe now to

Name
Our partners

Top1000funds.com is the market leading news and analysis site for the world’s largest institutional investors. It focuses on leading the global investment industry to continuous improvement through case studies of best practice in governance and decision making, portfolio construction and efficient portfolio management, fees and costs, and sustainable investing.

The publication pushes the industry to question whether status quo processes and behaviours to tackle risks and opportunities will be sufficient in the future, and actively campaigns for diversity, sustainability, transparency, innovation and better alignment of fees in the investment industry.

Top1000funds.com is read by investment professionals in more than 40 countries.

Privacy Policy | Terms of Service | Cookie Policy | AI Editorial Policy