Going to accentuating the positive from focusing on the negative, more institutional investors are ready to be more proactive with their climate change portfolios by investing in companies that have a positive environmental footprint.
David Lippman is a lawyer, turned trader, turned CEO. He joined bond shop Metropolitan West Asset Management in 2001 as a portfolio manager and became CEO in June this year. He talks to P&I about his plans to grow the firm by building off its existing foundation.
Index managers are seeing a renewed interest in passive equity and bond strategies from corporate and public pension funds as investors either move to take risk off the table or reallocate their risk to other asset classes.
CalSTRS could move some $15 billion to overseas equities from domestic stocks if its investment committee approves a proposal to combine the fund's U.S. and non-U.S. equity portfolios into one giant $102.7 billion bucket.
Some international equity managers are wondering whether the drop in the greenback is coming to an end while others are beginning to implement currency hedges to protect their portfolios against a rise in the U.S. dollar.
Institutional investors should overweight Asia's emerging markets - up to double the market cap of the region - to benefit from the region's long-term productivity gains, according to new research from JPMorgan Asset Management.
The credit crunch could leave some money management subsidiaries available for mergers and acquisitions as large financial firms start to shed all or part of their asset management businesses to raise capital.
Demand for 130/30 equity strategies — one of the hottest institutional products in history — declined sharply in the six-month period ended March 31, with most of asset gains picked up by fundamental managers.