risk premia

Texas Teachers overhauls equities

Texas Teachers has made extensive changes to its equities portfolio, increasing risk premia, reducing active management and applying new strategies developed by the fund’s research arm.

Amanda WhiteNovember 30, 2017

Future Fund talks alternatives

Craig Dandurand, director of debt and alternatives for the Future Fund, offers a glimpse into how it has recalibrated its approach to investing in hedge funds and other risk premia.

Mark StoryNovember 23, 2017

Hedge funds still in style at Varma

Reima Rytsölä, chief investment officer at Finland’s largest private pension insurance company, sticks with the fund’s longstanding interest in hedge funds and extends its risk premia strategies.

Sarah RundellJune 14, 2017

Dynamic allocation using minimum volatility

Active managers who are increasingly on the ropes as beta strategies encroach upon their alpha returns can take heart from the latest research from index provider MSCI. In the latest insight from Barra, Dynamic Allocation Strategies Using Minimum Volatility: Detecting Regime Shifts to Enhance Active & Passive Investing, Philippe Durand and John Regino argue that […]

Sarah RundellSeptember 6, 2013

Strategy

Pushing smart beta further

The rise of smart beta has just got another boost thanks to a study commissioned by Norway’s ministry of finance for its Government Pension Fund Global. It asked index provider MSCI to look into the feasibility of running smart beta strategies for large portfolios. Very few institutions with the size of GPFG’s $400-billion equity portfolio […]

Sarah RundellMay 29, 2013

Research

Demystifying equal weighting

The idea of accessing risk premia through the use of index-based funds and ETFs has been gaining momentum in recent years. Risk premia indexes aim to reflect the equity premia of stock characteristics such as value, size or momentum. Among the risk premia indexes, equally weighted indexes are some of the oldest and most well […]

July 13, 2012