Today's top news stories
AP1 chief: Meeting investment return target will get tougher
Investment loss of 0.2% before costs follows weak equity markets in the fourth quarter of 2018
Fund managers to lose out by ignoring diverse investor base, experts warn
Young and ethnically diverse investors are starting to take control of their financial futures, according to an expert panel
Asset management roundup: PE managers struggle for ‘skin in the game’
Plus: UK trade body launches guide to Libor replacement, urging fund managers to act early
Chart of the Week: The growing influence of the PRI
Data suggests asset owners don’t place much weight on the PRI’s standards when picking managers
Vale: Swedish funds cut mining giant from portfolios after dam collapse
AP1 cuts €39m of investments as fellow mining giant BHP pledges support for improved standards
Investment manager disputes regulatory fine over IPO price fixing
Hargreave Hale is one of two firms to have been fined six-figure sums for misconduct relating to IPOs
Digital Edition
Subscribe to the digital edition of IPE magazine to view the latest issue directly in your browser.
On the record: Asset management fees
We asked two European pension funds about their attitude to asset management fees and costs
How we run our money: Laborfonds
Ivonne Forno (pictured), the CEO of Laborfonds, the Trentino-Alto Adige/Südtirol regional pension fund, talks to Carlo Svaluto Moreolo shortly after the fund’s 20th birthday
US economy: Overpricing recession risk
Financial markets have suffered a nasty bout of indigestion since October. The interplay of sentiment and volatility induced widespread pessimism, with added concern that market tantrums could subsequently bleed into the real economy
CLO supply outstrips demand
Do reports of a growing wariness over collateralised loan obligations (CLOs) mean that the good times are over for the investment vehicle?
Briefing: Collateral challenges
Rising interest rates put collateral management strategies to the test
Investment self help
Many people start their new year with diets, exercise, or perhaps a dose of self-help. Bookshops are well stocked with guides to better working, living, thinking, sleeping and even breathing.
Wrong on the recession
The clouds darkened last month. Forecasts of the world’s economics prospects became distinctly gloomier.
Private equity: An expanding universe
A significant growth in direct lending has helped boost the private equity market
High yield: Coping with a new environment
This year high-yield investors will have to weather not only the winding up of quantitative easing but additional political challenges
Global Equities: Valuation vagaries
Mean reversion is useful in valuing stocks, but there are many unpredictable factors that can disrupt long-term assumptions
Guest viewpoint: Lisa Brüggen & Thomas Post
”Pension funds, insurance companies and policymakers should limit choices to 6-22 option”
Guest Viewpoint: Sviatoslav Rosov, CFA Institute
The statistics on public market participation by corporations over the past two decades make grim reading. The US had 14% fewer exchange-listed firms in 2012 than in 1975
Long Term Matters: What do Facebook’s investors care?
Mark Zuckerberg “is a bigger threat to American democracy than Donald Trump”, says David Runciman, professor of politics at Cambridge University
Guest viewpoint: Simon Lewis, AFME
Europe’s capital markets are facing some of their toughest challenges since the global financial crisis
Long Term Matters: What should investors do about authoritarian governments?
In October, I wrote that investors would soon have to choose between backing social justice or going along with authoritarian- ism. I was not expecting that the choice would come so quickly
