A typical pension fund portfolio is so dominated by equity risk that returns will fluctuate widely according to economic conditions which affect equity markets. Amanda White spoke to Rob Zink, portfolio strategist and now consultant for Bridgewater Associates about why most investors have a flawed approach to asset allocation.
Insitutional investors call for US reform
A group of institutional investors, led by CalPERS’ chief investment officer, Joe Dear, have dictated to US lawmakers that specific reforms must be made or the country could be in another crisis.
Next Chinese miracle to be consumption
As the political war of words rages about the value of the Chinese RMB, Asian investors are taking note of a big shift in direction for the policy-driven Chinese sharemarket.
San Francisco’s mission to expand and upgrade
The new executive director of the San Francisco Employees’ Retirement System (SFERS), Gary A. Amelio, has come equipped with experience and ideas for the defined benefit pension plan that is managed by SFERS. With an aggressive investment strategy firmly in place, he spoke with Amanda White about the long-term vision, now being implemented.
US community investments a test case for pension funds
San Francisco, as a hub for socially responsible investing, has launched the Global Impact Investing Policy Landscape project.
Swedish fund upbeat despite further pensions drain
The Swedish “buffer funds” have suffered their first-ever net withdrawals, but a strong recovery in investment performance is expected to stem the outflows over the next few years.
