The Harvard Management Company (HMC) is looking to fill 12 new IT positions across trading, risk and portfolio management in a move that strengthens its internal investment support structure even more.
Texas investment pros given room for bigger bonuses
Sweden’s AP3 on the hunt for active credit exposures
Australia’s DC funds take on more risk than OECD peers
No free lunch in asset allocation
In his editorial for the November/December issue of the Financial Analysts Journal, Richard Ennis confidently consigns the term “uncorrelated return” to the scrap heap of asset allocation lingo, reminding readers there is no free lunch in asset allocation, and that in order to collect the risk premium, investors must also bear the risk.
Loaded with liquidity, South Carolina fund pushes for diversification
With a massive allocation to cash of 14 per cent and an underweight to domestic equities and real estate, the $21 billion South Carolina Retirement System Investment Commission is uniquely positioned as a liquid investor ready to pounce. Chief investment officer, Bob Borden, spoke to Amanda White about the advantages of coming to the diversification … Read more


