Asset Allocation
SPP moves in as banks move out
Sweden’s SPP Livförsäkring is shifting its allocation in favour of more illiquid assets, and alternative risk premia, to escape enduring low interest rates.
Sarah RundellMarch 11, 2016
Uncategorised posts
The changing nature of fixed income
As the fixed income asset class undergoes rapid change and the opportunity set expands, unconstrained bond funds have become popular. But as this article examines, with that expanded opportunity set comes new considerations including a wider risk/return spectrum among managers. Trends in the global investment universe tend to come around every six months or […]
Amanda WhiteAugust 29, 2014
Investor Profile
What is the right level of cash?
The $54 billion United Nations Joint Staff Pension Fund has adapted to be more dynamic in its asset allocation, a result of lessons learned from the crisis and new stress-testing capabilities. The belief in active management still resonates with the fund beating its 10-year policy objectives. Amanda White spoke to the director of the investment […]
Amanda WhiteJuly 30, 2014
Uncategorised posts
Blackrock looks favourably on equities
Blackrock has a favourable view on equities, relative to bonds, but within fixed income it advocates an unconstrained approach. Amanda White spoke to chief investment strategist, Russ Koesterich. Equities look cheap relative to bonds or cash, says chief investment strategist for Blackrock and iShares chief global investment strategist, Russ Koesterich, with the manager recommending […]
Amanda WhiteMarch 7, 2014
Investor Profile
Ohio SERS reduces hedge funds
This year the $12 billion Ohio School Employees Retirement System is prioritising projects that fulfil the board’s desire to find income from alternative sources and manage risk, including allocating more to real assets, and initiating an RFP on a risk management system. Farouki Majeed speaks to Amanda White about the fund’s investment program. With […]
Amanda WhiteFebruary 21, 2014
Uncategorised posts
Did they say that? CIO quotes from 2013
Each year conexust1f.flywheelstaging.com interviews CIOs and executive staff of the world’s largest asset owners, gaining insight into their investment strategy, asset allocation and demands from managers. In 2013 funds were focused on costs, increased portfolio look-through, “partnering” with managers and how to position fixed income exposures. This selection of quotes from CIOs of some of […]
Amanda WhiteDecember 20, 2013