4 juillet 2022

Following the considerable market losses endured in the first half of 2022, investors are taking the opportunity to weigh their own results and reassess resilience. Portfolio diversification, ‘defensive’ factors, ‘market-independent’ strategies and more explicit forms of protection such as risk overlays are all under scrutiny, with H1 bringing some notable disappointments as well as successes.

• Diversifying Strategies
• Risk
• Portfolio Design
• Strategic Asset Allocation
• Currency

Lire la suite : Portfolio Protection and Overlays: Time for a Rethink?

9 juin 2022

Rising interest rates and inflationary forecasts continue to underpin strong demand for Leveraged Loans, thanks in large part to their floating rate characteristics. Yet investors seeking to introduce dedicated exposure to this asset class can face significant implementation challenges.

• Fixed Income
• Manager Selection

Lire la suite : Entering Leveraged Loans? Three Implementation Questions to Answer

9 mai 2022

When it comes to selecting and working with external asset managers, larger asset owners have a dual responsibility—says Majdi Chammas of Första AP-Fonden (AP1), one of Sweden’s four pension reserve funds with more than SEK 460 billion (USD 47 billion) in assets. “We should push the industry, not only to help our own fund,” he observes, “but to benefit other investors: smaller investors, for example, who do not have the capacity to push for change.

• Private Markets
• Private Debt
• Real Assets
• Governance
• Investor Spotlight
• Manager Selection

Lire la suite : How AP1 is Driving Innovation in Manager Selection

31 mars 2022

Asset managers have moved en masse towards adopting Article 8 or 9 designations under the EU’s Sustainable Finance Disclosure Regulation (SFDR) framework, introducing new funds and repurposing existing ones. Although the initiative has improved overall levels of disclosure and encouraged managers to enhance sustainability practices, lingering ambiguity around regulatory definitions has created a new set of problems. Recent manager research indicates that a significant number of fund reclassifications could be required if more stringent standards were to come into effect.

• ESG
• Equity
• Operational Risk
• Impact

Lire la suite : One Year On, Have Sustainability Disclosure Regulations Brought Clarity or Confusion?