Outlook Grim for First DC Retirees Asset Allocation & Strategy, Retirement The first cohort of DC members is nearing retirement and already the initial figures show that their pension savings are falling short, says David Buckle, Head of Investment Solution Design, Fidelity International. Read More
In Search of Temperament MarketFox If you ask some of the most well-regarded investors what it takes to become a good investor, then they often tell you it is more about temperament than any technical proficiency. In this new series, MarketFox columnist Daniel Grioli tries to demystify this illusive concept and narrow it down to a few quantifiable attributes. Read More
PKA raises Questions about Factors Asset Allocation & Strategy, Asset Owners, Chief Investment Officers, Factors, Quant & Systematic Danish pension fund PKA was one of the first institutional investors to implement a factors-based investment approach. But the recent dismal performance of these strategies is testing the faith of the fund, Deputy CIO Michael Flycht says. Read More
February Didn’t Kill Crisis Alpha Financial Crisis, Innovation, Private & Alternative Markets, Women in Finance The Crisis Risk Offset approach to constructing portfolios has gained some popularity in the US in recent years, but the surprising performance of trend-following strategies in February this year led some people to question the approach. Kathryn Kaminski, who coined the term crisis alpha, examines the evidence. Read More
PGGM Questions Over-diversification and Benchmarks Asset Owners, Factors, Quant & Systematic, Leadership & Management Most asset owners are over-diversified and rely too much on market capitalisation weighted benchmarks for them to deliver optimal long term pension benefits, Dutch pension fund PGGM says. Read More
Bubble in Parts of China Tech Sector Emerging Markets Valuations of smaller Chinese technology companies are starting to look frothy, T. Rowe Price says. Read More
The Most Important Lesson of My Career MarketFox MarketFox columnist Daniel Grioli was recently asked to address a group of applied finance students at RMIT. He decided to share with them the most important lesson of his career. Read More
In-housing Improves Outsourcing: Pearce Asset Owners, Chief Investment Officers, Leadership & Management Bringing select asset management functions in-house puts you in a better position to engage with external managers, UniSuper’s John Pearce says. Read More
Diversity Pays Off: AXA IM Asset Allocation & Strategy, Women in Finance Diversity might actually be an investment signal. Companies with gender-diverse boards are likely to not only have higher profits than companies with less diversified boards, but are also better able to protect future profits, AXA IM says. Read More
