All Features articles – Page 79
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Features
Inflation Measures: Plus ça change, plus c’est la même chose
In the UK, 2015 started with a sense of déjà vu, as statisticians re-opened the debate on the merits of differing inflation measures.
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Features
Hedge funds: PFZW decision highlights divergent thinking
When Europe’s second-largest pension fund drops hedge funds and announces its new investment strategy will place greater emphasis on intelligibility, the industry takes note.
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Features
UK pension funds face inflation risk
Given current forecasts, Andrew Brigden argues that the UK faces a huge shortage of inflation-linked bonds
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Features
Focus Group:Up in smoke?
Thirteen of the funds polled for this month’s Focus Group have formally discussed portfolio carbon or fossil fuel exposure, and 10 of those are signatories to at least one pledge or set of principles covering fossil fuel, carbon emissions or other environmental issues.
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FeaturesHow we run our money: Lancashire Pension Fund
Carlo Svaluto Moreolo asks Mike Jensen (pictured), CIO of the UK’s Lancashire Pension Fund, about the fund’s pooling venture and the need for better liability management in British local government pensions
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Features
Juncker needs you!
Pension funds, take note. Jean-Claude Juncker, European Commission president, wants your money to invest in a laundry list of up to 2,000 projects.
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Features
On the verge of reform?
Is Ireland finally addressing its low pension coverage and demographic issues?
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Features
Looking ahead: questions for 2015
Micro-prudential or macro-prudential? What do you mean by long term? Is less sometimes more? Is less sometimes more?
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Features
Funds warm to activist strategies
Almost three-quarters of attendees at IPE’s 2014 conference believe activist shareholding strategies have a role within institutional investment.
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Features
Discount-rate agenda
The research effort of the International Accounting Standards Board (IASB) on discount rates is pretty low-key. Its 2011 agenda consultation revealed moderate support to examine discounting under IFRS. The project is limited in scope, has one full-time staff member, and might not even result in any changes.
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Features
Ahead of the Curve: An era of diminished expectations
Peter Perkins runs through some basic asset and regional allocation strategies to meet the probable economic scenarios of the next decade
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Features
Asset Allocation - Fixed Income, Rates, Currencies: The big picture
The new year will surely see the US Federal Reserve finally raise target rates. When it does, it will be for the first time in six years – which is nearly a record
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Features
Institutions must dare to invest in untested asset classes
Pension funds and other institutions need to be braver, given the environment of low interest rates, and consider strategies used by hedge funds, the 2014 IPE Conference heard.
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FeaturesPortfolio Risk Management Commentary: Diversifying fat tails away
Peter Meier, Jann Stoz and Marc Weibel explore the effects of optimising for tail risk rather than volatility, in portfolios with and without hedge funds
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Features
Flaws in the holistic balance sheet
Wilfried Mulder and Peter Vlaar outline fundamental shortcomings in EIOPA’s holistic balance sheet approach
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FeaturesFocus Group Small isn’t necessarily beautiful
If IPE’s Focus Group is anything like a representative sample, European institutional investors do not allocate much to smaller companies. Only about half invest in listed small-caps, and those allocate 5% or less of their assets. About two-thirds invest via private equity but, again, most allocate in single digits.
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Features
Heavy hitters throw weight behind collective DC
A pension reform plan recently tabled by nine industry experts in the Netherlands could very well serve as the backbone of the country’s future pension system.
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Features
ESG Interview - Jeanett Bergan, KLP: Divestment is only the start
When should asset owners concede defeat and divest from a troublesome company? Jonathan Williams talks to Jeanett Bergan of Norway’s KLP about engagement, divesting, and how exclusion can be the first part of a longer dialogue
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Features
Investment Briefing: Sayonara, keiretsu
Abenomics may not be the only reason to take another look at Japanese equities. David Turner uncovers a sudden conversion to the shareholder-friendly religion
