Pension Fund Strategy – Page 170
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Special Report
Risk and Portfolio Construction: Beefing up the midfield
Investors that need both to limit the volatility of their funding-levels and achieve returns in excess of their liabilities face the twin challenge of low-growth and rock-bottom interest rates. In response, Lynn Strongin Dodds finds them adapting their traditional ‘barbell’ portfolios, albeit slowly, into something more broadly diversified
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Special Report
Risk and Portfolio Construction: Keep calm and carry on
Against the broad consensus that rising bond yields have to be bad for bonds, Charlotte Moore finds that being short duration can be punishing if those yields rise more slowly than the market expects
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Special Report
Risk and Portfolio Construction: Rates of change
To a large extent today the question of what to do in portfolio construction is really a question of what to do about interest rates.
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Special Report
Risk and Portfolio Construction: A corner turned
The consensus is that 2012 saw the trough of the 30-year downdraft in interest rates. Daniel Ben-Ami tests the strength of this conviction and describes the scenarios that could threaten it
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Special Report
Risk and Portfolio Construction: From solo to tango
As the bond markets move from bullish to bearish, David Turner asks if we need new assumptions about asset class correlations
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Special Report
Risk and Portfolio Construction: A new era for risk parity
Jennifer Bollen asks whether the end of the bond bull market signals the death of the traditional risk parity model
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Special Report
Risk and Portfolio Construction: Risk parity preferences
The asset allocation strategy can reduce drawdowns, but doesn’t improve long-term returns, argues Andrew Clare. Moreover, those findings are reversed when risk parity is applied within an asset class
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Special Report
Risk and Portfolio Construction: Rising interest
Chris Redmond asks whether absolute return bonds could play a bigger role in institutional portfolios
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NewsDutch insurers prove local investment a 'responsible policy', minister says
Minister for Economic Affairs presents concrete plan for proposed National Investment Institution
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News
APG invests $650m into Chinese logistics joint venture with e-Shang
Dutch pension fund asset manager takes 20% stake in Chinese warehousing developer
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News
Proposed pan-European pension fund for researchers hits roadblock
Industry organisations reject European Commission plans to create European scheme for mobile researchers
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News
Dutch scheme PNO Media to enter 'exclusive' relationship with provider MPD
MPD to increase focus on pension fund in wake of failed merger with PGB
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NewsSwedish government calls on AP funds to justify domestic investment bias
Buffer funds could work together on non-listed assets as alternatives weightings grow
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News
Dutch Pensions Federation opposes pay increase for trustees
Lobby group says sector should not to operate as commercial business
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News
Guarantees 'strangling' Germany's Pensionskassen – Towers Watson
Consultancy says benefits actually higher without guarantee
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News
Report: No justification for lack of full disclosure on investment fees
London’s Cass Business School calls for managers to fully disclose all cash, non-cash costs affecting asset performance
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News
Austria's derivatives cap hindering would-be SRI investors, VBV warns
Severance pay funds call for more flexibility on hedging instruments, real estate investments
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News
Diversified fund market to double after spike in DB inflows
Investors in funds increasingly looking for alpha, market to grow to £201bn by 2018
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News
Pension funds recommend diversification in ILS as rates fall
Industry sees no prospect of rates rising from a catastrophic event, but urge investors to look beyond catastrophe risk
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NewsSwiss funds slow to consider variable pension benefits
Many funds may be waiting to test the waters before considering controversial changes to pensioner payouts
