All Strategies articles – Page 15
-
Features
Private assets on public markets
Listed private equity struggles to drum up interest even from private investors. Anthony Harrington asks, does it have any role to play in institutional portfolios?
-
Special Report
Moves in microfinance
Despite suffering some negative perceptions, the asset class is cleaning up its act and gaining new fans, says Nina Röhrbein
-
Interviews
Making an impact on SMEs
The conviction articulated on its website – ‘We believe that market forces and entrepreneurship can be harnessed to do well by doing good’ – hardly distinguishes the £275m (€333m) London-based sustainable growth investor Bridges Ventures (Bridges) from other investors in the environmental, social or governance (ESG) domain. But its investment strategy certainly does.
-
Asset Class Reports
Private Equity: Let’s work together
Private equity co-investment looks like a great deal for limited partners. But Martin Steward finds that it is demanding enough to require intermediation, even for large investors withestablished general partner networks
-
Features
Political decisions for investors
Helene Williamson outlines the complex process of assessing political risk in emerging markets and warns investors they ignore this risk their peril
-
Asset Class Reports
Private Equity: For the lack of a Bloomberg
Private equity remains opaque, but regulation will improve transparency. However, argues Cyril Demaria, that could result in consolidation and rising fees for investors
-
Features
Small is beautiful
Smaller companies make up the vast majority of the economy, are better-aligned with shareholders, more entrepreneurial – and not necessarily young and inexperienced. No wonder they both outperform and diversify large-caps, writes Nick Hamilton
-
Interviews
A new titan in Asian equities
The timing could have been better. Just days before the finalisation of the merger of the Sumitomo Trust & Banking Co and Chuo Mitsui Asset Trust & Banking Co, the latter was fined by Japan’s Securities and Exchange Surveillance Commission (SESC) for an insider trading breach that took place nearly two years ago.
-
Features
All change
Iain Morse finds that the creation of a single, mandatory central settlement depositary later this year will have wide-ranging effects on the trading and settlement of securities in Russia
-
Features
A nugget of risk reduction
Marcus Grubb summarises a new study of the diversification benefits that gold offers to a euro-based institutional investor
-
Special Report
Food for thought
Nina Röhrbein asks what pressure investors can put on food companies to improve their products and address health issues
-
Interviews
Surviving the seven years of famine
Rogge Global Partners operates out of one of London’s most spectacular offices, the neo-Gothic Sion Hall, its traders toiling beneath the gaze of stained-glass images of heroes of the English Reformation.
-
FeaturesIn defence of pro-cyclicality
Adina Grigoriu asks, is pro-cyclical risk management necessarily a cost – or can it be an unexploited source of performance?
-
Asset Class Reports
Credit: What’s in a name?
Confusing terminology aside, ‘short-duration high-yield’ looks like a compelling opportunity for low-volatility yield pick-up. Martin Steward assesses the risks, and underlines the importance of defining objectives
-
Asset Class Reports
Credit: Coupons and principles
While corporates increasingly have to turn to capital markets for funding, now is the time for investors to push their ESG requirements, writes Joshua Hughes
-
Asset Class Reports
Credit: The cleanest dirty shirt
Non-financial corporate credit is perfectly poised for the macro environment, but spreads are tight – and other areas of the credit spectrum present considerable risks. Joseph Mariathasan reports
-
Features
Low beta, high benefits
The significant outperformance of apparently ‘low-risk’ stocks over time is a well-known ‘anomaly’ in investment theory. Martin Steward asks, if it is an anomaly, won’t it eventually be corrected?
-
Features
Custody and banking reform
Iain Morse asks whether European banking reforms will have an adverse impact on securities services providers
-
Asset Class Reports
Credit: Balancing out the banks
Martin Steward finds corporate bond managers tip-toeing carefully around banks’ capital structures to limit their underweights – and ramping up other sources of risk to compensate
-
Features
There will be no escape
Iain Morse finds that custodians will face greater levels of liability for the assets they safeguard for clients under AIFMD rules
