SIMON MUMME, Author at Top1000funds.com

Investor Profile

After bumper year, Ilmarinen turns to Asia

Surging equity markets generated a double-digit return for the 26 billion ($35.5 billion) Ilmarinen of Finland last year. Now the fund aims to boost its exposure to emerging markets at the expense of “old Europe” equities, says Timo Ritakallio, deputy CEO and investments chief at the pensions company, and further globalise its real estate and […]

SIMON MUMMEMarch 17, 2010

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CalPERS sharpens risk, liability tools

After watching the simultaneous declines of its market value and funded status during the financial crisis, the $204.8 billion CalPERS will conduct a full review of the methodologies underpinning its asset liability management (ALM) process.

SIMON MUMMEMarch 10, 2010

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Institutions worldwide rethink passive exposures: Towers Watson

The number of bond mandates awarded by institutional funds shot up by more than 50 per cent in 2009 as credit markets provided attractive investment opportunities, while the amount of passive allocations made by institutions increased fourfold in the past two years, according to Towers Watson.

SIMON MUMMEMarch 3, 2010

Investor Profile

What Seatown could achieve for Temasek

Seatown Holdings, the fund manager being launched by the $121 billion Temasek, one of Singapore’s two sovereign wealth funds (SWFs), is not a hedge fund. It is a global investment company with a mandate to invest in stocks and bondsÂ – but its size and private structure can enable it to tap sources of return […]

SIMON MUMMEFebruary 24, 2010

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Ibbotson reveals the ABCs – alphas, betas and costs – of hedge funds

Hedge funds, in aggregate, have generated positive alpha in the past 11 years. This finding, made by Roger Ibbotson, founder of Ibbotson Associates and Professor of Finance at Yale University, proves the strategies can resist powerful market declines but often fall short of providing absolute returns to investors. He spoke with Simon Mumme about the […]

SIMON MUMMEFebruary 17, 2010

Uncategorised posts

“Periodic table” for investment shows case for diversification

The latest “periodic table” of investment returns – which ranks the performance of key equity and credit indices over two decades – from Callan Associates reinforces a lasting rule for long-term investors: diversification works.

SIMON MUMMEFebruary 10, 2010