Latest White Papers

The Merits and Methods of Multi-Factor Investing

Published by: S&P Dow Jones Indices

With a wealth of smart beta indices to choose from, market participants may find it difficult to decide when each factor-based strategy is best suited to deliver returns. Is it wise to rely solely on the performance of one factor? If not, what multi-factor approaches could be considered and how effective are they?

Global Outlook- Looking Beyond the Cycle

Published by: PGIM Real Estate

In PGIM Real Estate’s latest Investment Research paper, we look beyond the cycle to assess values we are seeing today in a long-term context. Our analysis of the global property risk premium suggests that pricing looks sensible in a long-term context and offers decent protection against a moderate increase in interest rates.

High Conviction Active Management Asserts Strength Over Time

Published by: ClearBridge Investments

Arguments against the ability of active strategies to outperform market benchmarks fail to differentiate the many active management approaches available to investors. A recent ClearBridge analysis identifies turnover rate and number of holdings as determinants of performance among active strategies.

Not your parent's ESG

Published by: P&I Content Solutions

As responsible investing gains steam among asset owners, the concept is evolving from a distinct approach to a set of factors that influence a broader range of investments and investors.

Emerging-market debt: Navigating the allocation dilemma

Published by: Eaton Vance

Today, institutional investors are well versed in the arguments typically advanced for investing in emerging market debt (EMD); not least, arguments about diversification and yield pickup. However, in reality, interest in this asset class is often tempered by the challenges institutional investors experience in deciding on a correct allocation strategy and the perception that an allocation to this asset class appears to demand a disproportionately large proportion of their risk budget for what is usually a small allocation.

From Infancy to Maturity: Emerging Market Local Debt Enters Its Prime

Published by: OFI Global

Investors in EM debt have traditionally pursued bonds issued in an advanced country's currency, but today there is a more robust sector of locally denominated bonds. We believe this sector features more attractive risk/reward characteristics than ever before.

The Path to Transparency In Alternatives Investing

Published by: Northern Trust

A Northern Trust sponsored survey of 200+ asset managers and investors reveals evolving priorities around transparency and risk, as well as a need for industry consensus with regard to governance. Gain insights into alternatives and download the paper today!

AIQ: Spheres of influence. The new geopolitical order

Published by: Aviva Investors

In our cover story, Aviva Investors looks at whether national self-interest in the US, China and Russia will lead to the emergence of new spheres of influence, and the potential economic and market ramifications.

Market Capitalization Weighted Indexes: An Accident of History

Published by: WisdomTree

More than 10 years ago, we launched a series of earnings- and dividend-focused core beta ETFs to finally give open-minded investors a chance to break the shackles placed on them by the S&P 500, an index that we think was invented with little thinking and that became “the benchmark” almost solely because it was the first one to exist.

The Science of Superior Service research

Published by: Wells Fargo Asset Management

Gain insight into what plan sponsors really want Our Science of Superior Service research reveals what sponsors want and what you’re delivering may be light years apart. Access research now

The Participant Magazine Winter/Spring 2017: The Longevity Issue

Published by: State Street Global Advisors

The Participant Magazine, State Street Global Advisors Defined Contribution flagship publication, takes a deeper look at longevity in this special issue. It explores how increasing human life spans are creating new opportunities and challenges for retirement savers.

Getting smart (beta) about target date funds

Published by: BlackRock

Can factor investing help target date funds achieve their objectives? Explore how carefully selected smart beta exposures can be implemented within the glidepath to seek additional return for younger participants and reduced volatility near retirement.

Archived White Papers by Topic

By downloading a white paper, you are agreeing to have your contact information shared with the content sponsor, who may then contact you.

All white papers posted were created by the listed authors who are solely responsible for the research, finding and all materials contained therein. Pensions & Investments has not verified or edited the materials (other than for length and style) and does not necessarily agree or disagree with the analysis and positions expressed by the authors. Reference to any company, product or service does not imply recommendation or sponsorship by Pensions & Investments.

For more information on submitting a white paper, please contact Richard Scanlon at rscanlon@pionline.com or 212-210-0157.