Designing Menus of Retirement Products Opinion, RetirementThe design of retirement products is an increasingly pressing challenge for many pension plans. Associate Professor Geoff Warren provides a potential way forward. Read More
Real Estate Profile – TelstraSuper Part II Asset Owners, Real EstateTelstraSuper’s Miriam Patterson talks about the impact of e-commerce on real estate and how the fund has been repositioning its portfolio. “Our focus is on retail that takes up the first dollar of your household budget, not your last,” she says. Read More
M Cargill Philanthropies Expands Risk Premia Portfolio Asset Owners, Factors, Quant & SystematicUS-based charity fund Margaret A. Cargill Philanthropies has expanded its risk premia strategies with the volatility risk premium and addresses concerns over these factor investing. “We can’t expect absolute positive returns year in year out,” CIO Michael Ruetz says. Read More
APRA Heatmap – Climate Change for Super Funds Opinion, Risk and RegulationAPRA’s new Heatmap can help Trustees in achieving better outcomes for members, but it is also open to potential misuse, David Hartley writes. Read More
Editorial – If You Can’t Stand the Heat… EditorialThe publication of the APRA Heatmap has caused a fair amount of criticism, ranging from interpretation of metrics to large scale market distortion. Is this simply a matter of people resisting change or is there more going on? Read More
2019 – Year in Review EditorialWhich articles do you think were most read during the year? The answer might surprise you. Read More
CalSTRS Evolves Risk Mitigation Strategy Asset Owners, Factors, Quant & Systematic, Financial CrisisCalSTRS portfolio manager Carrie Lo looks back on how markets tested the risk mitigation model. But the US pension fund stuck with it and has now expanded the strategy, adding systematic risk premia strategies to the portfolio. Read More
It’s Time to Sin a Little Equities, Factors, Quant & SystematicAQR has always questioned the merits of factor timing, stating it is too difficult to do consistently well. But valuations have now become so irrational that even they believe a skew towards value is warranted. It is time to sin a little. Read More
Real Estate Profile – TelstraSuper Asset Owners, Real Estate, Women in FinanceWith an older member base, TelstraSuper can’t rely on inflows to fund new real estate purchases. “I have to sell something to buy something, so I need to be very disciplined,” says Head of Real Assets Miriam Patterson. Read More
