Coverage of the 2010 Global Investment Conference.
Why didn't asset class diversification produce the expected outcome during the crisis?
Plan sponsors want smart passive instead.
Excess capacity in employment and industrial production means lower rates of inflation going forward.
Pension plan sponsors and other investors with long time horizons often rely on high allocations to equities to help them achieve their long-term return objectives. However, they may find it difficult to reconcile the volatility of equity markets with the desire to improve their liability matching. One option to address this problem is to consider […]
It pays to be an optimist in this industry. Indeed, it couldn’t be any other way. Money managers are, by necessity, natural believers in the markets’ ability to provide returns—so long as prudence and foresight are wielded—regardless of the forces acting on the economic landscape. So, as the rest of the country steels itself for […]
The current perception of risk and asset allocation will have undergone a fundamental shift by the time the global economy rights itself, says the CEO of PIMCO. Mohamed El-Erian, who is also PIMCO’s co-chief investment officer and author of the book When Markets Collide: Investment Strategies for the Age of Global Economic Change, told the […]
Bond Squad: Why high-quality fixed income should continue to play a major role in pension plan portfolios. Most experts expect the global recession to continue throughout 2009, despite aggressive fiscal and monetary stimulus by policy-makers. Despite its somewhat-better fundamentals, Canada’s recession could rival the severity of the downturn in the U.S.—particularly in light of […]
With a 40% dive in money manager assets, a new post-crisis vocabulary is in the works. September 2008 changed everything, as Lehman Brothers tipped off a series of major banking collapses and markets took a long, deep dive. The impact of that dark month and its global fallout is all over this Top 40 Money […]
Target-date funds will be the most prevalent default investment for defined contribution retirement plan participants in the United States, according to a survey by investment management firm PIMCO. The PIMCO 2008 Defined Contribution Consulting Support and Trends Survey also finds that 90% of investment consultants believe plan sponsors should consider creating their own custom strategies […]