Ignoring small caps
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MSCI looks at why investors may have a limited sma
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Lesson learned: How allocators can turn investment experience into a value-creation edge

Lesson learned: How allocators can turn investment experience into a value-creation edge

Asset owners’ unique vantage point across managers, companies and market cycles gives them a powerful value-creation advantage, but many fail to capture and reuse what they learn, argues a new paper co-authored by Stanford University, alongside the CIOs of the University of California and Danantara. The paper sets out a “value-creation capability” framework to turn institutional experience into a repeatable investment edge without creating another layer of bureaucracy.

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MSCI shines light in tax gap

MSCI ESG Research has seen growing demand from institutional investors for data on tax-related risk. In response, it has added data such as geographic revenue transparency to its ratings.

Equity portfolios’ tell-tale turnover

Turnover in a portfolio reflects the extent of a manager’s long-term focus. A new report finds most equity managers replace their shares at a rate more than twice what’s thought of as ideal.

Balancing the long and short of it

Recent reports highlight challenges sovereign wealth funds face in reconciling long- and short-term objectives – and how success in private markets comes from finding and developing talent.

What the ‘Phi’ is wrong with investors?

New research has found that organisations and teams with more altruistic motivations for working in the investments industry are also more likely to deliver superior long-term returns.

NBIM calls for more listings

Norges Bank Investment Management would like to see an increase in the number of company listings and suggests more flexibility from exchanges and index providers could facilitate this.

Improving transparency

Norges Bank’s latest paper in its Asset Manager Perspective series examines the feature of “last look” in foreign exchange markets.

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