Industry Voices

Investment return assumptions of public pension funds

Investment return assumptions of public pension funds

Historical performance and current asset class allocations, among other reasons, suggest U.S. public pension plan forecasts may prove too optimistic.

March 23, 2017 | 12:01 am
Target-date funds: Same destination, different (glide)paths

Target-date funds: Same destination, different (glide)paths

When selecting the optimal glidepath, retirement plan executives need to examine how a manager's approach aligns with their plan's unique needs.

March 23, 2017 | 12:01 am
The S&P 500's hidden $828 billion annual expenses

The S&P 500's hidden $828 billion annual expenses

Research into the dilutive costs of equity stock buyback programs and stock-based compensation found they add an average of 4.1% annually to the costs of owning an S&P 500 index fund.

March 16, 2017 | 12:01 am
 Private equity: a state of constant renewal

Private equity: a state of constant renewal

As with many industries, private equity has experienced a continual cycle of rebirth as new firms and strategies are formed and others fall by the wayside.

March 14, 2017 | 06:00 am
Inflation innovations: Return ideas for fixed-income investors

Inflation innovations: Return ideas for fixed-income investors

The ever-changing investment landscape has thrown up a fresh challenge: Inflation is back. For fixed-income investors this typically means increased yields and the possibility of looming losses, but...

March 13, 2017 | 06:00 am
Valuing fund interests of increasing concern?

Valuing fund interests of increasing concern?

The definition of fair value remains unchanged, but robust fair value measurement remains an evolving global topic. The trend is toward higher quality, greater consistency and better transparency.

March 13, 2017 | 06:00 am
Why small to midsize endowments shouldn't follow the Ivy League

Why small to midsize endowments shouldn't follow the Ivy League

Large endowments are often touted as ideal models, but small and midsize endowments need to take a different tack or risk continuing to see negative returns.

March 09, 2017 | 06:00 am
Hedge fund fees – a perfect solution

Hedge fund fees – a perfect solution

Average hedge fund returns have declined since the 1980s, yet fees, like objects in space, have continued to levitate without gravity to pull them down.

March 06, 2017 | 12:01 am
Plan sponsors should beware the managed account default option

Plan sponsors should beware the managed account default option

Companies hoping to avoid being next in the headlines for the wrong reason are having to undertake a comprehensive audit of every fee charged to participants in defined contribution plans.

March 01, 2017 | 11:22 am
CIT adoption on the rise in DC plans

CIT adoption on the rise in DC plans

The use of collective investment trusts in defined contribution plans is growing at a dramatic clip, encouraged by two factors.

February 23, 2017 | 12:01 am
There's good news, with caution, for commercial real estate under President Trump

There's good news, with caution, for commercial real estate under President Trump

President Donald Trump's initial actions appear to create positive tail winds for commercial real estate.

February 14, 2017 | 06:00 am
Adaptive regime-based approach to multiasset class investing

Adaptive regime-based approach to multiasset class investing

Rules-based adaptive approaches to multiasset-class investing can be designed that protect investors from potentially devastating losses while participating when market conditions are more favorable.

February 13, 2017 | 12:37 pm
The evolution of the ETF industry

The evolution of the ETF industry

The explosion in ETF assets is evidence of a broad shift in the way investors approach asset allocation, looking for any edge they can find to increase performance and lower volatility.

January 31, 2017 | 11:02 am
The pulse of emerging markets debt

The pulse of emerging markets debt

Despite uncertainties, emerging market debt valuations appear attractive amid relatively healthy fundamentals and expectations for faster global growth.

January 30, 2017 | 05:00 am
Pacing models are useful, but have limitations

Pacing models are useful, but have limitations

An investment strategy that incorporates private equity increases the importance of investment pacing and cash flow modeling to manage exposures properly as well as to plan capital deployment...

January 26, 2017 | 05:00 am