The Chinese Investment Corporation will hire a throng of investment professionals to join its nearly 200-member global investment team, following the second meeting of its international advisory council in Shanghai this month.
What now?
This RogersCasey position paper examines the inflation-deflation debate, and the strategic role of real assets in portfolios, concluding there will be higher volatility around long-term average inflation, and that clients should diversify away from US treasuries to protect against sovereign risk.
Canadian penchant for fewer, bigger funds hits Australia
Dutch giant see-saws to recovery
The precarious seesaw that is pension fund asset-liability management is demonstrated in the latest results of the giant Dutch pension fund, ABP, with the fund’s coverage ratio falling, despite positive investment returns, and the fund being only slighly ahead of its recovery schedule. In the first six months of this year the fund’s pension liabilities … Read more
The currency dimension
As recent events in the EU spark anxiety in financial markets, researchers at EDHEC Risk Institute examine various performance attribution models and the relation to currency decisions and overlay management.
Architect of Future Fund investment strategy resigns
A chief architect of the A$68 billion ($60 billion) Australian Future Fund‘s investment strategy will leave in two weeks to form a new business offering asset allocation and macroeconomic strategy advice to large fiduciary investors globally. Tony Day, who joined the Future Fund in its early days of 2007, said that at 44 years of … Read more
