Arun Muralidhar
Recent stories
SMART portfolio management
Static portfolio management techniques fail because they cannot respond to changing economic conditions. Arun Muralidhar offers an alternative
Devising an investable index
There has been a growing emphasis on pension fund liability management and creating a portfolio of assets to match these liabilities. The popular press has published several recommendations to protect pension fund solvency through the immunisation of liabilities. Recommendations have ranged from the approach of the Boots Pension fund, which converted the entire portfolio of assets into fixed income assets (since revised to include a
Uncovering the treasure within
In his novel The Alchemist, Paulo Coelho tells the story of a shepherd who leaves home in search of a treasure. Along the way he meets a beautiful gypsy woman, a man who calls himself a king and an alchemist. No one knows what or where the treasure is but they all point him in the direction of his quest; ultimately, the treasure is found right where he started. This could easily be the tale of the average pension fund manager who in their search for more alpha may have missed the treasure wit