Challenged by the pandemic, the growing OCIO market passed major tests of governance and communications last year as providers helped plan sponsors and other institutional investors navigate uncharted waters.
Institutional investors have long thought of private markets primarily as a means to boost returns, but challenging economic conditions this year have many rethinking the role that private market investments can play in their portfolio.
The world is awash in uncertainty, from the uptick in COVID cases around the world to Brexit issues, virus-aid gridlock in the U.S. and the recent U.S. presidential election. The question for long-term investors — both employees saving for retirement and the employers sponsoring retirement plans — is whether the uncertainty and market volatility warrants a change in strategic direction.
In this roundtable discussion, three experts share practical insights and prudent strategies, through diversification or rebalancing, that pension funds can consider today as they look out at a low-yield environment that is likely to last for some time.
Over the past six months, the COVID-19 pandemic has brought unprecedented uncertainty to capital markets and the economy, including consequential impacts in the credit markets. Published October 5, 2020
LDI is still a work in progress for many pension plans — not only in making more rational long-term investment decisions but in determining the optimal mix of fixed income assets, often beyond traditional investment-grade corporates, to make those decisions work. Published October 5, 2020
With interest rates hovering near zero, the Federal Reserve doing everything in its power to keep the economy afloat and money flowing through the economy, and the U.S. facing both a pandemic and a presidential election, what should fixed-income investors do? Published September 7, 2020
As institutional investors reevaluate their holdings amid coronavirus-related volatility and economic uncertainty, one area that merits consideration is an allocation to securitized credit. Published July 27, 2020
In this environment, a high quality, global developed market fixed income strategy, managed appropriately, can offer U.S. dollar-based investors three quintessential results that can be more difficult to reach today than any time in recent history: return enhancement, downside protection and diversification beyond their home market. Published July 13, 2020
A number of economic and market fundamentals have lifted China toward recovery more rapidly than many expected, and which continue to underpin long-term share price performance. Published June 29, 2020
Biagio Manieri, managing director and chief multi-asset class strategist at PFM Asset Management, discusses economic ramifications of the pandemic as well as the question of whether passive or active strategies are better suited to take advantage of a market rebound.
Invesco portfolio managers Scott Wolle, chief investment officer, global asset allocation, and David Millar, head of multi-asset, discuss what they are hearing from clients about the current risk climate and offer insights into strategies for resetting allocations to help optimize potential investment outcomes and provide some downside protection. Published June 1, 2020
One investment strategy not commonly considered as part of a risk mitigation arsenal but that can provide significant downside protection without the drag of a hefty premium during periods of drawdown is trend following. Published May 18, 2020
Keith McDonagh, MassMutual’s head of institutional solutions, talks about how the firm’s clients are keeping their focus on long-term goals even as they face pandemic-related uncertainty on many levels. Published May 18, 2020
New research from Invesco suggests there is room to evolve the DC investment menu to address the needs of these “Forgotten Participants” — those who want to feel in control of their investment decisions but would benefit from an investment menu with more avenues to professionally managed options. Published April 6, 2020
Two OCIO experts — Jim Link, managing director at PFM Asset Management, and Ian Toner, chief investment officer at Verus — explain why institutional investors have become more attracted to OCIO, clarify how a board’s key governance responsibilities shift under OCIO and offer practical insights on the key benefits and challenges of these programs. Published March 23, 2020
In this roundtable discussion, the panelists highlight key provisions of the law, point out what plan sponsors should pay attention to and why, and predict which features will have the most lasting impact. Published March 9, 2020
Whether seeking to increase funded status, meet return targets or improve portfolio diversification, institutional investors need to be risk aware when investing in international and emerging market strategies. Yet traditional approaches to risk management can be limiting. Published February 24, 2020
With remarkable divergences in ESG adoption across regions and by asset class, three leading experts discuss both the “push” and “pull” factors driving institutional ESG investing today. Published February 10, 2020
As the innovation economy continues to evolve, so does the outlook for the venture capitalists who are funding its expansion and the resulting economic growth. This means potential opportunity for institutional investors. Published February 10, 2020