In this episode, Alex Proimos, head of domestic content, Conexus Financial, chats with Veronica Klaus, general manager – investment consulting at Lonsec, about a range of topics including the advice gap, allocations for retirement, liquidity in private assets and income strategies for retirees.
NZ Super cuts benchmark return expectation on US valuation concerns
A view that the US stock market is overvalued and equity risk premia will be lower over the long term has driven New Zealand Super to lower the return expectations for its reference portfolio following its recent five-yearly review of the benchmark. Co-chief investment officer Brad Dunstan also flags underweight commodity exposure as an area to address and explains why the fund remains sceptical of illiquidity premia despite seeing a growing case for private markets.
Sort content by
Embrace risk in asset allocation
Investors should be wary of “new paradigm” arguments, according to the latest research by consulting firm Wurts & Associates, which reminds investors the forces driving capital markets rarely change, but the position within market cycles is ever changing. Wurts & Associates’ philosophy on strategic asset allocation is that static portfolio structure is an ineffective means
Much to learn from New Mexico ERB’s alternative investments play
The New Mexico Educational Retirement Board’s aggressive move into alternatives has not been without hurdles. Chief investment officer, Bob Jacksha, spoke to Amanda White about the plan’s alternatives strategy, the bumps along the road and his expectations of the sector. Two years ago the $6.6 billion New Mexico Educational Retirement Board started looking for a
Alternative investments for institutional investors: risk budgeting techniques
This paper, produced by EDHEC Risk and Asset Management Research, presents an empirical analysis of the benefits of alternative forms of investment strategies from an asset-liability management perspective. Using a vector error correction model that explicitly distinguishes between short-term and long-term dynamics in the joint distribution of asset returns and inflation, we identify the presence
ESG in emerging markets comes of age
Gaining Ground is a report by Mercer, in conjunction with the World Bank’s International Finance Corporation, examining the integration of environmental, social and governance factors into investment processes in emerging markets. It includes the first ever rating on ESG practices in China, India, South Korea and Brazil. mrec4inarticleinline Sponsored Content scnative1 scnative2 scnative3
Inflation hedge drives ATP’s investment implementation
Denmark’s largest pension fund and the 29th largest in the world, ATP, is not leaving anything to luck when it comes to providing a guaranteed return for its members. Kristen Paech talks to chief investment officer, Bjarne Graven Larsen, about the various risk management methods the fund has implemented across its portfolio. The DKK400 billion
Index composition changes create opportunities for bond managers
Drastic changes to the composition of the US bond index, the Barclay’s Capital Aggregate Index, will create opportunities for active bond managers and provide rationale for institutional investors concerned about active management in the sector to adhere to their long-term asset allocation. mrec4inarticleinline Sponsored Content scnative1 scnative2 scnative3
Leave a Comment
You must be logged in to post a comment.
Login