Become a member and subscribe Login

Investor pitfalls in setting up a satellite office

Amanda White

February 21, 2014

As part of the broader trend to become professional organisations, pension funds and soverieng wealth funds are expanding geographically with the establishment of satellite offices. This expansion raises concerns of governance, culture, politics and talent.

This paper looks at the case studies from 12 funds that have launched or considering launching satellite offices and offers a set of principles that could guide investors on this path.

To access the paper click below

Getting closer to the action -why pension and sovereign funds are expanding geographically

Sponsored Content

, , , , , , ,

Leave a Comment

More from this fund

What a brief encounter with Elon Musk taught me about the limits of capitalism

Colin Tate

June 18, 2026

Impact investing’s case for scale

Darcy Song

June 16, 2026

How CIOs are building portfolios for an unpredictable world

Darcy Song

June 16, 2026

Assault on universities fracturing the ‘social compact’ behind US growth

Simon Hoyle

June 16, 2026

GIC, Temasek eye trillions of growth in climate adaptation market

GIC, Temasek eye trillions of growth in climate adaptation market

Singapore’s two largest asset owners, GIC and Temasek, see attractive opportunities in climate adaptation solutions – a relatively underfunded area compared to decarbonisation. The former has already made selective adaptation investments and said the opportunity set across public and private debt and equity could increase to $9 trillion by 2050.

Darcy Song

May 09, 2025

Systemic impacts in pension systems: Perspectives from ‘down under’

David Bell and Geoff Warren

February 25, 2025

ML forecasts trump analyst coverage over long horizons: Research

Darcy Song

February 12, 2025

Top1000funds.com rated ‘most useful’ by readers 

STAFF WRITER

May 02, 2024

Purse strings loosen, despite rising concern about public equity valuations

Jack Smith

March 07, 2024

Sort content by

Macroeconomic risk and hedge fund returns

This paper estimates hedge fund and mutual fund exposure to newly proposed measures of macroeconomic risk that are interpreted as measures of economic uncertainty. The academics, from Georgetown and Stern, find the resulting uncertainty betas explain a significant proportion of the cross-sectional dispersion in hedge fund returns. However, the same is not true for mutual

Amanda White

March 21, 2014

Active ownership

Academics from the London Business School, Boston College and Temple University, examine the outperformance of US public companies following corporate social responsibility engagement.

Amanda White

March 19, 2014

Capturing illiquidity premiums

This paper commissioned by the Norwegian Ministry of Finance investigates the possibilities for the Government Pension Fund Global (GPFG) to profit from liquidity premiums in  illiquid investments. It looks at the empirical evidence for the presence of liquidity effects in a broad range of asset classes: listed equities, corporate bonds, treasury and agency bonds, and

Amanda White

March 14, 2014

A trustee guide to factor investing

This research by academics at Tilburg University and the VU University Amsterdam, looks at the hurdles of implementing factor investing. It translates those into a checklist for implementing factor investing. The research, conducted for Robeco, finds that three approaches to factor investing are emerging and conducts case studies to examine how these approaches are implemented

Amanda White

March 12, 2014

Manager risk contribution in a multi-manager portfolio

This paper by MSCI creates a framework in order to answer the question: given a portfolio of managers, how does the active risk of each manager relate to the active risk of the portfolio? Asset owners often measure manager risk (the active risk of each manager) and have difficulty relating it to the contribution each

Amanda White

March 05, 2014

How active is your real estate fund manager?

Using detailed data from IPD, this paper looks at the holdings and performance of 256 UK commercial real estate funds from 2002-2011. It concludes the more active funds, those further from benchmark holdings, outperform but are not accompanied by higher risk.   To access the paper click here How active is your real estate fund

 

February 28, 2014

Previous
Load more

Fiduciary Investors Podcast Series

Listen to Podcast

Subscribe now to

Become a member and subscribe

Join Now
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