costs

Uncategorised posts

CalPERS says consultants could do better

CalPERS is happy with its consultants, except for their performance in recommending ways to control fees and costs and their presentation of new investment ideas, a board rating reveals.

Simon HoyleAugust 25, 2017

Manager Relationships

AustralianSuper’s equities ride

The large size and penchant for active investment of the $120 billion AustralianSuper present both opportunities and challenges for its fund managers and inhouse equities team.

Amanda WhiteAugust 15, 2017

Equities

Factors trump skill: MSCI

MSCI research has shown that, among top-performing funds, more than half of active returns come from factors, rather than manager skill, and style factors have the biggest impact.

Amanda WhiteJuly 14, 2017

Hedge Funds

Sampension seeks more control

As the Danish labour market pension fund puts more into alternatives and illiquid assets, it is also in talks with managers to increase its control over investment decisions and lower its costs.

Sarah RundellJune 28, 2017

Fees

Time to make value judgements

Keith Ambachtsheer says net value added for members, not absolute cost, is the way to evaluate funds, and points to a report from Australia’s Productivity Commission as a sensible blueprint.

Amanda WhiteMarch 7, 2017

Credit

Alternative credit on LD’s short horizon

In 2017, Denmark LD chief financial officer Lars Wallberg plots a push into unlisted credit, complementing a key exposure to environmental services, to manage his fund’s maturing profile.

Sarah RundellFebruary 15, 2017

<4of7>