Public markets are shrinking while private markets are attracting huge amounts of capital. But it is still not clear which is the better bet
Academic studies have cast doubt on the existence of a premium for investing in small-cap stocks
Smaller companies are realising they must keep up with ESG and impact-investing standards to remain successful
Some US smaller companies may benefit from America First policies but others will not
Comparisons of the performance of listed smaller companies and private equity are fraught with difficulty
Investors have to work hard to gain an information edge to successfully exploit small-cap markets
Daniel Ben-Ami looks at how smaller companies are adapting to the economic and political landscape
The performance of US small and medium-sized companies has been boosted by an expectation of lower taxes and lighter regulation under President Trump
Smaller companies are crucial to the success of the European economy. However, the way they are nurtured by investors and governments varies dramatically
Joseph Mariathasan finds that the UK economy has fared quite well since the Brexit vote, but smaller companies are vulnerable to any potential domestic slowdown
Successful investing in the UK’s smaller businesses requires adopting attitudes and techniques similar to those in private equity investing, according to Tony Dalwood
Data shows the sensitivity of the five largest US small and mid-cap equity funds and the five largest European small and mid-cap equity funds to changes in macroeconomic factors
Watchdog says auditors face ‘significantly stronger requirements’
Coverage ratio down by four percentage points in third quarter, consultancy reports [updated]
Outside the realm of US public pension plans, where generous return assumptions and inflated discount rates are common, the medium and long-term outlook for asset classes is of serious importance to most pension funds.
Anyone who back in 2008 had accurately predicted what monetary policy would look like today would certainly have been regarded as unhinged.
Our report this month on management and outsourcing discusses how pension funds must increasingly rely on external organisations to analyse their portfolios, particularly from a cost perspective.
Subscribe to the digital edition of IPE magazine to view the latest issue directly in your browser.
After the ECB’s announcement of more QE, we asked two pension funds how they plan to manage the prospect of lower yields
Gregor Asshoff (pictured), board member of ZVK, the pension fund for Germany’s construction workers, talks to Carlo Svaluto Moreolo about upcoming asset allocation shifts
By his own account Nico Marais is an extraordinarily lucky man. The CEO of Wells Fargo Asset Management (WFAM) is keen to use every opportunity to emphasise his good fortune. In Marais’s modest telling of his own story, his success is thanks to the qualities of others, rather than to his own merits. “It’s the story of my life. I’ve just always worked for amazing people,” ...
We asked two pension funds whether the distinction between emerging and developed markets still makes sense
Harold Clijsen CIO of Dutch multi-sector Pensioenfonds PGB, speaks to Carlo Svaluto Moreolo about asset allocation, sustainable investment and member communications