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.
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.
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.
Cryptocurrencies have been surrounded by hype and controversy - but the technology behind them, blockchain, is rapidly demonstrating its potential as a powerful sustainability solution. While offering advantages in many ESG related areas this relatively new technology has several issues to overcome.
The investment industry has firmly embraced factor investing as a way to try to generate superior returns and manage risk, but have the benefits of analyzing factors within portfolios been fully recognized?
Exploring retirement realities around the world reveals areas of uncanny consistency, persistent gaps, and a formula for happiness. Learn more at www.ssga.com/gr3
ESG scoring has become a popular tool for investors and portfolio managers but they should understand that ESG scoring comes with some bias. Nissay Asset Management uses a simulation model to analyze the effect of corporate information disclosure on ESG scoring.
Public equities, by virtue of their global scale, make powerful impacts all over the world. At ClearBridge, we amplify this impact by being intentional active investors through capital allocation and direct company engagement, driving positive change while contributing to financial returns.
Learn how bond portfolio construction can help uncover alpha sources.
Is it time to declare that the world’s second largest economy and equity market is an asset class? We developed a framework based on comprehensive research that shows China is more than just an opportunity, it's a strategic investment category.
A growing number of multi-national companies are embracing a globally-coordinated approach to managing their retirement plans. To help you build on your retirement plan vision, BlackRock has created a framework for designing global retirement principles and governance.
Gold can play a fundamental role in a portfolio. Our analysis shows that adding 2%, 5% or 10% in gold over the past decade to the average pension fund portfolio would have both increased returns and reduced volatility, resulting in higher risk-adjusted returns.
Despite tight credit spreads, Artisan Partners Credit Team believes the benign credit backdrop of strong economic momentum and low default activity should create a favorable environment for high yield investors going forward.
As a long-standing provider of employee benefits; Prudential sponsored a survey to gain perspective on how employers think about their benefits programs overall, and gauge the role that financial wellness programs play.
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 email@example.com or 212-210-0157.