Nick Wade from Northfield and the Curious Quant discuss the impact of COVID on risk modeling frameworks, assumptions, and how the recent movements in asset markets may or may not impact the short and long-term assumptions of asset owners.
COVID Popup Podcast: Curious Quant and Nick Wade discuss if risk models have something to say about pandemic risk.
Beyond asset classes: Active credit becomes the test case for Florida’s portfolio evolution
Florida State Board of Administration has built an active credit portfolio spanning public and private markets, CIO Lamar Taylor says the initiative could be the first step in a broader shift away from traditional asset-class investing towards a framework centred on return drivers and risk exposures.
Sort content by
Klinck: we don’t need any more product
The investment and pension industry has created too much complexity and added too many costs, and must move towards more simplicity, executive vice president and member of the management committee of State Street, Jack Klinck, told delegates in an opening address at the Fiduciary Investors Symposium in Santa Monica. Klinck observed four mega trends in
Factoring sustainability into portfolio decisions
Asset owners remain understandably challenged to incorporate sustainability factors into global equity allocations. Global macro trends make clear that sustainability considerations will be increasingly essential for consideration, but often less clear is how to factor this into portfolio decisions in a sophisticated manner. Dwindling natural resources and the world’s related ‘carrying capacity’ is translated by
Is the emerging markets
concept dated?
Are broad emerging-markets allocations still appropriate? By analysing the trend of mandate configuration, this paper by MSCI looks at whether the emerging-markets concept is dated and whether broad-based emerging-markets investing remains an appealing way to capture economic growth premium. Read the report here.mrec4inarticleinline Sponsored Content scnative1 scnative2 scnative3
Aligning asset owners and managers
Delegation is a fundamental obstacle to the alignment of asset-owner and asset-manager goals. However, Sebastien Pouget, professor of finance at the University of Toulouse, believes a combination of customised performance benchmarks and a dual short and long-term fee incentive can help overcome the problems of the principal/agent relationship. Pouget, who spoke at the recent United
Leave a Comment
You must be logged in to post a comment.
Login