Latest Special Reports – Page 75
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Special Report
Convertible bonds: key lessons from 150 years of issuance
Beat Thoma outlines some of the key lessons from 150 years of convertible bond issuance
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Special Report
Consultants and pension funds: When disagreements arise
Legal disputes between pension funds and their advisers are surprisingly rare – but, as Sally Ling discovers, this does not mean disagreements never arise
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Special ReportSmart beta: equities and beyond
As soon as one starts edging out of traditional asset classes, identifying market beta – let alone the ‘smart’ version –becomes more and more difficult
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Special ReportSmart beta performance: Proving their worth
Real-market performance of three of the leading equity smart beta strategies shows these approaches have something worthwhile to offer
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Special Report
Consultants: Talking heads
IPE asks pension consultants and fiduciary managers for their thoughts on regulation of investment advice for institutions
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Special ReportFocus Group: Pension funds get smart
The days of smart beta being all talk and no action in the pensions world are long gone
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Special Report
Room for smaller players in UK's 'oligopolistic' pension consulting market
Martin Steward finds that the age of true dominance of the UK’s ‘big three’ consultants may have passed, creating opportunity for smaller providers
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Special ReportTactical asset allocation: When diversification is a better bet than timing
Practical difficulties of tactical asset allocation confirm the case for buying, holding and diversifying
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Special ReportInterview: James d'Ath, Indexx Markets
Indexx Markets’ James d’Ath talks about whether ‘smart alpha’ could strip out unwanted fund costs to deliver purified active management
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Special ReportSmart beta multi-factor portfolio construction: The tracking error factor
Dynamic risk allocation delivers the benefits of factor investing without the crippling tracking error risk
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Special ReportSmart beta: Smart enough for bonds?
Is smart beta more difficult to implement in fixed income?
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Special ReportSmart beta and fixed income: Here for the duration
Smart beta would appear to make a lot of sense in fixed income, but market peculiarities can add complexity to many of the resulting products
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Special ReportSmart beta and currencies
In currency markets there is arguably no beta, but risk-factor trading has a long history in the asset class
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Special ReportBeta, smart beta, alternative beta: Extracting equity market risk
Those who criticise the smart beta concept suggest other ways to extract equity market risk
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Special ReportSmart beta commodity indices: A smarter approach to commodity investing
Traditional commodity indices were problematic from the start, but fixing them without introducing greater complexity is easier said than done
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Special ReportSmart beta factor investing: The long and short of it
True factor investing involves short as well as long positions, yet the costs of shorting erodes much of the benefits
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Special ReportSmart beta hedge fund replication: Aping alpha
The first wave of hedge fund replication petered out nearly 10 years ago, but new approaches are reviving interest and allocations
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Special Report
Special Report ESG: Carbon Risk, Emission Impossible
When Chris Hitchen, CEO of the UK’s Railpen, thinks about portfolio fossil-fuel exposure, there is no room for moral absolutes. The discussion is “quite different” now that oil trades at $45/bbl rather than $115/bbl, he insists.
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Special Report
Special Report ESG: Carbon Risk, A changing climate
After years of campaigning, a series of recent moves from influential investors suggests that anti-fossil fuel groups are getting money on their side. Mark Nicholls looks at how the risk management and divestment movements are shaping up
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Special Report
Special Report ESG: Carbon Risk, a timeline
July 2011: The Carbon Tracker Initiative launches its seminal ‘Carbon Bubble’ report which, for the first time, puts the 2°C climate change target into a capital markets context…
