New IOOF chief investment officer Dan Farmer is looking to reduce correlated risk and diversify into alternative assets. To help achieve all this, he’s undertaking an ambitious software project.
Smart beta, factor indices and other products promise a middle ground between traditional passive and active. But they vary greatly, and investors need to take a hard look before adopting them.
There is growing recognition that globalisation has a downside. But whether they are mitigated, or continue on the current course, investors should be looking to safeguard their portfolios.
AP1 has its sights on broader, more efficient diversification, with plans to intensify its focus on derivatives and shake up its approach to hedge funds. We spoke to CIO, Mikael Angberg.
The debate over gold’s value as a financial asset will always be intense. But investors should look past the rhetoric to the evidence, when making a decision about whether it’s right for their po
Australia’s Statewide Super is a top performer under Con Michalakis who embraces absolute returns and active managers while fighting against what he sees as the greatest risk of all, complacency.
MERS chief investment officer Jeb Burns still finds value in active management as he seeks to up the fund’s exposure to emerging markets, and other non-US locales, in equities and real assets.
Pension funds in many emerging economies need to diversify offshore, says the World Bank, in order to achieve higher returns with potentially lower volatility.
Japan’s GPIF has only recently moved into equities, while ADIA has a rich history of investing in a variety of asset classes. The returns of both giants show the benefits of diversification.
Diversification can be a powerful tool in managing downside risk, but it has been argued that “too much” diversification can destroy a business if it diverts too widely from its original purpose.
In one of the biggest allocations among the fund’s Danish and European peers, PKA has grown its alternatives portfolio to account for 25 per cent of assets under management.
Andrew Ang believes factor investing is a more efficient way to organise a portfolio as it allows liquid and illiquid strategies to be managed across the portfolio. It also has the added benefit of honing managers on value creation. He’s been working with a handful of investors while Professor of Finance at Columbia University on... Read more »