Discovering moments of mispricing is the soul of generating active returns, says Wylie Tollette executive vice-president of client portfolio solutions at Franklin Templeton Investments. But some investors, eager to discover opportunities to add alpha to their portfolio mix, may accidentally harness so many sources that their efforts to diversify actually hinder the benefits of doing […]
About three-quarters (73 per cent) of global institutional investors ranked interest rates as a key portfolio risk, according to a new survey by Natixis Investment Managers. The survey, which polled 200 chief investment officers and investment team members at life, property and casualty and reinsurance companies in Asia, Europe and North America, found concerns about […]
There are two fundamental reasons for including alternatives in a defined contribution pension portfolio, according to Ed Studd, solutions manager for U.S. portfolio solutions at Schroders, during a session at Benefits Canada’s 2019 Defined Contribution Investment Forum in Toronto on Sept. 27. First, alternatives can help the portfolio achieve better diversification by accessing different types […]
Twenty years ago, Jim Keohane was brought into the Healthcare of Ontario Pension Plan to launch its derivatives program. Since then, he’s climbed his way to the role of president and chief investment officer, grown his reputation as a trailblazer in liability-driven investing and navigated the pension fund through the financial crisis with positive returns. […]
As factor and multi-factor investing become more commonly understood investment styles, different strategies can help mitigate specific risks in choppier markets. “Nobody wants to hear about risk until it’s too late,” said Carlos Phillips, vice-president and director at TD Asset Management Inc., at an event hosted by the firm in Toronto on Tuesday. A significant […]
Global institutional investors are considering different portfolio constructions to ensure outperformance in what they increasingly worry is a lower return environment, according to a new survey by Fidelity Investments. The survey, which polled 905 institutional investors in 25 countries with combined assets under management of US$29 trillion, found investors with at least $1 billion in AUM expected to make the largest […]
One of the 2017 Global Investment Conference speakers takes a look at event-driven alpha opportunities.
Top managers see global alternative assets rise to $5 trillion: survey
It’s increasingly difficult for active managers to generate alpha, argues Craig Lazzara, senior director, Index Investment Strategy at S&P Dow Jones Indices. He spoke on a panel at a CFA Society Toronto event Wednesday.
Hunting for alpha isn’t just about stock picking, say three portfolio managers.