Latest from IPE Magazine – Page 695
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Features
Future of industry 'not clear'
With fund management moving out of a period of ‘comfortable consensus’ in asset allocation and portfolio theory, the state of the asset management industry is currently one of ‘shifting tectonic plates’, said David Spina, chairman and CEO of State Street. Addressing the 12th international Fund Forum in Rome, Spina said ...
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Features
You cannot leave home without it
The euro rise has focused attention on the importance of currency management. If you are invested in non-European equities, and hedged the currency risk, then your fund lost 20.9% in the first half of this year. If your international equity managers did not currency hedge, then this loss was increased ...
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Features
Why overlays are 'must haves' for funds
Currency overlay is a ‘must have’ for plan sponsors with cross border investments and processes that control risks. Currency risk has become important in today’s average pension portfolio and is increasing in importance. InterSec Research Corp., a consultant, projects pension funds globally will have one out of five dollars invested ...
