Off The Record
Hedging your bets
01 Dec 2011
Just over 70% of respondents to this month’s Off The Record quick poll stated that their pension fund invested in hedge funds.
Currency affairs
01 Nov 2011
Three-quarters of respondents to this month’s Off The Record survey used currency management, 91.5% of these doing so for currency exposure hedging and 8.5% for returns.
Fear, extremes and the euro
01 Oct 2011
August was not all bad: 79.5% of respondents to the Off The Record survey stated that core government bonds had performed well; gold/precious metals (24% of respondents), currency exposures (20.5%)...
Funds unfazed by ban
01 Sep 2011
Almost 70% of respondents to this month’s Off The Record survey told us they had not decided to suspend securities lending in light of recent market turbulence and the short-selling bans imposed by...
Risk remains a top issue
01 Jul 2011
Over three-quarters of respondents to this month’s Off The Record survey stated that risk management had been raised as an agenda item on their board in the past 12 months. This was slightly lower...
In pursuit of a good mix
01 Jun 2011
Just over 88% of this month’s respondents said they invested with managers who use quantitative tools – although we should acknowledge some self-selection bias. Of these, 29% have a specialist quant...
Good time for private equity
01 May 2011
Just over 60% of respondents to this month’s Off The Record survey said their fund invested in private equity. One respondent said they were about to start investing, while the remaining respondents...
Signs are up for ESG
01 Apr 2011
More than 70% of respondents to this month’s Off The Record survey stated their fund had an ESG policy. A Dutch fund commented: “Our participants put a lot of attention on sustainability. We have a...
Consultants have their uses
01 Mar 2011
Just under half (45.5%) of respondents to this month’s Off The Record survey use investment consultancy services on a retainer basis. Some 32% use them on an occasional or project basis, 18% use them ...
Get the message across
01 Feb 2011
Respondents to this month’s Off The Record survey were evenly split on the
most important form of communication with their members or participants. Some 30% believed postal correspondence to be most ...
The year ahead
04 Jan 2011
This month’s Off the Record survey asked European pension funds for their outlook for 2011, and received varying views and concerns.
Hedge in the middle
01 Dec 2010
Just over half (52%) of the respondents to this month’s Off The Record survey stated that their pension fund currently invests in hedge funds. Some 66.5% do so via fund of funds, while 58.5% do so...
Price risk protection
01 Nov 2010
This month’s Off The Record survey focused on inflation. The vast majority of respondents (66%) believed that low inflation of less than 3% was likely in the next 12-18 months. A Dutch fund...
Unrewarded risk
01 Oct 2010
Three-quarters of respondents to this month’s Off The Record poll use currency management. Of these, 83.4% did so for currency exposure hedging, 8.3% for returns and 8.3% for both reasons.
Thumbs up for central control
01 Sep 2010
This month’s Off The Record poll focused on derivatives, operational risk and custody. Some 61% of respondents felt it was positive that measures in Brussels and the US would force pension funds to...
