Latest from IPE Magazine – Page 422
-
IP Asia
Singapore’s big two alter course
The Government Investment Corporation and Temasek Holdings were both caught out by the recent market collapse. Bee Ong describes how they are revising their investment approach.
-
IP Asia
Sovereigns show an increased appetite for risk
From securities lending to turnaround opportunities, sovereign wealth funds are increasingly taking over where pensions funds have left off. Richard Newell reports.
-
IP Asia
The big squeeze on active fees
After months watching the global financial crisis, Australian superannuation funds are starting to respond in ways which will have significant implications for the structure of the industry.
-
IP Asia
Why we’re in for a bumpy ride
I am not a perma-bear and do not deny the existence of green shoots, but just question how much confidence investors should take from a bit of “bad, but less bad” data.
-
IP Asia
Australia pitches for Islamic finance role
The Government thinks there’s a great opportunity for Australia to play a key role in areas such as Islamic finance
-
Features
Nerves of steel
Hugh Smart of the British Steel Pension Fund tells Nina Röhrbein about his approach to dynamic decision making in a portfolio split between liability matching and return generation
-
Country Report
Three into one doesn’t always go
Everyone agrees that pension fund mergers are a good idea. But doing something about it is another matter, finds Carlo Svaluto Moreolo
-
Opinion Pieces
PBGC woes
What a difference nine months can make. At the end of last September, the Pension Benefit Guaranty Corporation (PBGC) closed its fiscal year with a deficit of ‘only’ $11bn (€7.9bn) and its director Charles Millard was busy implementing his new “less conservative” investment strategy, under which the majority of the $55bn assets was to be shifted out of bonds and into riskier stocks and alternative asset classes.
-
Asset Class ReportsThe hunt for treasure
Rather than worrying whether the recent emerging market equities rally is sustainable, investors who believe in a long-term growth story should not attempt to time the unpredictable, finds Joseph Mariathasan
-
Asset Class Reports
Africa: the efficient frontier
“Africa is where Asia was 20 years ago,” says Richard Segal, a strategist with African financial services firm UBA Capital. “The question is, will Africa be where Asia is now in 20 years’ time?” It certainly struggles against many questionable assumptions. First, that it simply isn’t relevant as an investment ...
-
Special ReportCommodities conundrum
Martin Steward tries to pin down the nature of the commodity risk premium
-
Special ReportCover all angles to stay ahead in the game
Adam Taylor of Liongate Capital argues that a diversified portfolio of alpha managers is the optimal exposure to the commodities story
-
Features
The real carry trade
If you buy into the emerging-market growth and commodities stories, maritime investments could offer another way to diversify your exposure, writes Martin Steward
-
FeaturesEastern values show promise
While Western financial services world languishes, Pirkko Juntunen notes that firms in the East, such as The BMB Group, appear to be cashing in on opportunities for growth
-
Special Report
Upheavals in the fee world
Credit crisis pressures are forcing trustees and boards to seek more from their custodians both in terms of better risk management and lower costs, finds Iain Morse
-
Features
Crunch-time commodities
Oil prices have driven a commodities rally this spring as crude rose from its low of early 2009. How is this backdrop affecting investors’ attitudes towards commodities? This month’s Off The Record survey sampled pension funds’ attitude towards commodities.
-
Features
Big is not beautiful
I have mixed views about big fund managers merging. It is not obvious what the benefits are for us at Wasserdicht Pensioenfonds. Our consultant has traditionally (and I think mistakenly) recommended big firms simply because they were big. But big to huge to utterly enormous is not a life cycle ...
