Governments are among the few agencies that can help the private sector hedge against the increasing problem of aggregate longevity risk. David Blake, Tom Boardman, Andrew Cairns and Kevin Dowd from the Pensions Institute at Cass Business School urge governments to issue longevity bonds as soon as possible
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.
The relative strengths of industry versus country factors can be of major importance for global equity portfolio managers. If country effects dominate, then primary consideration can be given to the country allocation decision. On the other hand, if global economic integration is reducing the distinctions between countries, then an industry-first investment process may be more
This research by MSCI provides “material extensions” of the standard stress testing methodology of portfolios. It provides a quantitative method to modify asset allocation weights in a stress scenario, and a new paradigm for translating extreme events into asset class scenarios. mrec4inarticleinline Sponsored Content scnative1 scnative2 scnative3
At the Q Group Spring seminar, this paper by Sudheer Chava, College of Management, Georgia Institute of Technology finds that investors demand significantly higher expected returns on stocks excluded by enviornmental screens widely used by socially responsible investors, compared to firms without environmental concerns.mrec4inarticleinline Sponsored Content scnative1 scnative2 scnative3
This study by EDHEC surveys how pension funds and sponsors manage the risks they face and how institutional constraints – accounting and prudential regulations, the organisation of the relationship between the pension fund and its sponsor, and social laws – influence investment strategy.mrec4inarticleinline Sponsored Content scnative1 scnative2 scnative3
This paper provides a detailed overview of the current research linking systemic risk, financial crises and contagion effects among assets on the one hand with asset allocation and asset pricing theory on the other hand. mrec4inarticleinline Sponsored Content scnative1 scnative2 scnative3
This MSCI research examines the volatility cycle of value stocks, shedding light on the changes in relative contributions of value and non-value portfolios to total risk.mrec4inarticleinline Sponsored Content scnative1 scnative2 scnative3
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