Many investors are hard-wired to overpay for “lottery” and “safety” stocks. QMA proposes a way to enhance index exposures by avoiding both.
Debates abound on what to make of financial markets’ recent behavior. We assess the fundamentally driven changes and outline several levers of active management that investors can pull to help close the return gap.
Although factor allocation based on simple diversification techniques have performed well historically, some investors utilize a dynamic approach by adapting factor allocations. We discuss a framework that aims to adapt multi-factor allocations to changing market environments while preserving some benefits of multi-factor investing.
Are you leading the changes in the asset management and wealth industries, or scrambling to keep up? Take our advice—don’t try to be everything to everyone. Download our whitepaper to read more about the strategies that could accelerate you from a laggard to a leader.
Retirement income takes center stage in our latest annual survey of large-and mid-sized industry consultants.
In this roundtable, executives discuss different approaches to ESG and impact investing, how it has expanded across asset classes, how investors might think differently about data gaps and the benefits of ESG and impact investing, and what excites them about this rapidly growing part of the investment world.
In multi-asset allocation framework, this paper proposes the effective tail risk management using two risk measures, lower tail-dependence based on Copula and CVaR. This paper also seeks the enhanced Risk Parity Portfolio using co-integration relationship in multi period optimization problem.
A P&I roundtable of experts from Capital Group, Manulife Asset Management and Securian Asset Management dive into the evolution and expanding uses of LDI.
What does 2019 have in store for the high-yield sector? Kevin Flanagan, WisdomTree's Head of Fixed Income Strategy, discusses why investors might want to take a closer look at their high-yield holdings and consider upgrading their credit quality.
We are living in an era of unprecedented technological change. As such, we believe the implications for investors will be profound. PGIM's latest megatrend research examines how technology is unleashing disruption beyond Silicon Valley and transforming investment opportunities across industries, asset classes and geographies.
A P&I roundtable of experts from Barings, PineBridge Investments and Sagard China offer insights from their long experience actively investing in China to highlight trends, sectors and companies.
Risk parity strategies embody diversification—across time and asset classes. However, because there are so many ways to implement these strategies, it can be difficult to define an appropriate benchmark. Discover one transparent, investable solution.
In this European private debt review of 2018 and outlook for 2019, we explore the key trends emerging in each of the private debt sectors and what will be important to navigate the ever-changing market through 2019.
Why should you care about A-shares? How do you invest? Is investing worth the risks? Our latest thought leadership paper, China’s Local Equity Market: ‘…How and Where and When’ seeks to answer these questions.
In two recent commentaries, Olivia Engel, CIO of Active Quantitative Equity at State Street Global Advisors, discusses the market sentiment theme and how it can impact stock-picking and valuation.
At what point should target date funds hedge against inflation? This paper seeks to quantitatively solve for inflation-hedging within a lifecycle consumption framework, explores the relationship between human capital and inflation, and expands BlackRock’s innovative target date optimization to provide insight.
Amid a crowded fundraising landscape, first-time GPs are often overlooked as LPs make larger commitments to fewer, established names. But emerging managers are challenging the status quo by typically delivering higher returns to investors—with women and diverse managers often topping the list.
With the return of market volatility after a decade of strong equity returns, understanding fiduciary responsibilities and maintaining a prudent process around target date fund evaluation and selection has never been more important.
Invesco Vision is a portfolio management decision support system specifically developed to allow investors to carefully apply their judgement, aided by relevant information about the choices and trade-offs with which they are faced, to make better informed investment decisions that are aligned with achieving their specific investment objectives.
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