Research
The contest: factor-based or industry-based allocations?
Factor-investing has not yet won the right to be the endurable and dominating asset allocation method, according to new research.
Amanda WhiteJune 12, 2015
Investor Profile
Despite demand ADIA still sees value in infrastructure
There is still value in infrastructure, according to ADIA’s head of infrastructure, John McCarthy, provided you adopt a flexible approach. The huge sovereign wealth fund is reviewing its strategy, including whether it currently has appropriate benchmarks in infrastructure, a question that has been prompted by its outperformance. The natural competitive advantage that the Abu […]
Amanda WhiteMay 29, 2015
Investor Profile
Japan’s GPIF sets investment principles
Japan’s Government Pension Investment Fund, the largest pension fund in the world, has established a set of investment principles that focus on its ability to take advantage of its long-term investment horizon and the fund’s ability to make pension payments. The ¥137 trillion ($1.1 trillion) fund is working to long time horizons, with a fiscal […]
Amanda WhiteMay 27, 2015
Uncategorised posts
Investors need to revamp portfolio construction
Investors should re-consider their investment processes in order to achieve the needed “step-change in efficient portfolio construction” in a low return environment, the chief executive of the A$109 billion ($83 billion) Future Fund, David Neal, says. “It is the investment process that turns the universe of opportunities into a portfolio, and right now that process […]
Amanda WhiteApril 1, 2015
Uncategorised posts
Investors need to rethink operating model
A neat little story of investment flows, asset allocation changes, and relationship and service demands is emerging from the third annual conexust1f.flywheelstaging.com/Casey Quirk Global Fiduciary CIO Survey. If you’re a CIO of an asset owner what that means is more control but also more responsibilities and the demands of more internal resources. For managers it […]
Amanda WhiteMarch 25, 2015
Uncategorised posts
AustralianSuper contemplates foreign outposts
Australia’s largest superannuation fund, AustralianSuper, is considering whether it should have its own investment management and currency hedging teams based in Europe and America. Due to the mandatory nature of the system in Australia, the current rate of funds under management growth means assets are doubling every four to five years. Peter Curtis, head of […]
David RowleyFebruary 24, 2015