To gain alpha, institutional investors have many avenues. For large investors, the endowment model has traditionally worked well. However, it can lead to overdiversification and…
In a world increasingly moving to defined contribution pension plans, an effective default fund is key since many workers won’t make active decisions about the…
Alberta Premier Jason Kenney says there’s a “compelling case” to be made for his province to exit the half-century-old Canada Pension Plan, an idea sure…
Some have suggested there could be a return premium to lowering the carbon intensity of a portfolio. By constructing low carbon strategies called decarbonization factors,…
While private equity’s original advantage was taking over a firm to revamp its governance and operations, private equity companies are now finding fewer underperforming firms…
Like Canadian defined benefit plans, many U.S. plan sponsors are purchasing annuities to get out of the pension business. But why are companies choosing the…
The Bank of Canada kept its key interest rate on hold Wednesday, leaving the country as an exception compared to other advanced economies that have…
The Federal Reserve cut its benchmark interest rate Wednesday for the third time this year to try to sustain the economic expansion in the face…
A plethora of overlapping terms can make a conversation about responsible investing something of a minefield. While there are many terms that are used interchangeably,…
Mario Draghi leaves as head of the European Central Bank credited with having rescued the eurozone from disaster with a well-timed phrase and bold action…
Passive investing is immensely popular, with assets in passive funds having cleared US$13 trillion, globally. But can active investors take advantage of the new landscape…
There’s a crisis in financial research because of statistical shortfalls, says Marcos López de Prado, a professor of practice at Cornell University’s school of engineering…
In Monday’s federal election, the Liberal Party of Canada won a minority government with the Conservative Party of Canada taking official opposition status and both…
The Senate gave final congressional approval Tuesday to an overhaul of Brazil’s pension system, capping years of stalled efforts to sway public opinion and rein…
Many years ago, there was not much pension investment–related law, but with the rise of Canadian pension funds investing globally, this has changed, said Mitch…
Globally, the number of floods has quadrupled since the 1980s and doubled since 2004, which poses risks to both residential and commercial real estate investments.…
China’s economic growth sank to a new multi-decade low in the latest quarter as a trade war with Washington deepened a slump that is weighing…
In a world with volatility and uncertainty, four key transitions can explain the headlines: China, technology, energy and demographics, said Vikram Mansharamani, who is a…
Britain and the European Union finally reached a new tentative Brexit deal on Thursday, hoping to escape the acrimony, divisions and frustration of their three-year…
Traditionally, all finance students had to learn statistics, and, in the future, this will likely shift into finance students requiring machine learning, said John Hull,…
China announced a timetable Friday for carrying out a promise to allow full foreign ownership of some finance businesses, starting with futures traders on Jan.…
Does the rise in passive investment strategies have consequences for financial stability? The shift to passive from active appears to be amplifying some risks to…
With the rise in socially responsible investing and quantitative strategies, are institutional investors that incorporate environmental, social and governance factors making markets less efficient and…
The MSCI Inc. is launching five thematic indexes to track the performance of what it calls ‘megatrends,’ namely the rise of smart cities, the digital…
Active mutual funds that engage in securities lending through in-house lending agents should raise questions for institutional investors. These funds may “reach for lending fees”…