Investors and economists around the world are drastically changing their forecasts as the world enters another week of disruption from the spread of the coronavirus. Indeed, Scotiabank’s updated economic forecast suggests recession is inevitable in many countries, with global growth expected to average 1.3 per cent in 2020, the lowest level since the decline of […]
As public capital markets roil in the turbulence caused by the coronavirus pandemic, private markets aren’t immune from challenges, said a recent report from PitchBook Data Inc. “As we enter into the most significant market drawdown and economic shock we’ve seen since the financial crisis, PE is equipped to help alleviate pressures, but it will […]
MSCI Inc. is awarding emerging market status to the MSCI Kuwait Indexes as the country’s equity market now meets the required criteria for reclassification. The reclassification will be part of the MSCI’s May 2020 semi-annual review. In late October, the Kuwait Capital Market Authority resolved to amend certain provisions of the executive bylaws and rules […]
While the amount of alternative assets in institutional portfolios is holding relatively steady, the type of investments making up allocations to alternatives are shifting. Current allocations to alternatives rose just one per cent to 25 per cent since 2018, according to the latest research from EY. While hedge funds remain the largest contributor to the […]
It might seem like hedge fund managers having “skin in the game” by investing personal capital in their funds would be a good thing for outside investors seeking to enter positions alongside them. But there can be negative consequences, according to a paper co-authored by Arpit Gupta, an assistant professor of finance at the Leonard […]
For intergenerational investors like foreign pension plans that have been ramping up exposure to alternative assets and leveraging their patient capital, it’s worth paying attention to Indonesia’s potential. “If you follow the logic that the country’s going to be the fourth or fifth largest economy in the world . . . then to me it’s […]
South Africa’s economy has been sluggish in recent years, but upcoming changes could provide hope for institutional investors considering opportunities in the country. Its economy has been in a low-to-modest growth mode, said Falilou Fall, senior economist at the Organisation for Economic Co-operation and Development, during the Canadian Investment Review’s podcast “Pension Passport.” He highlighted […]
While trade risk continues to plague global economies, India and China are expected to be major emerging market growth drivers, according to State Street Global Advisors’ mid-year global outlook report. If trade relations between the the U.S. and China improve, it could lead to a recovery in emerging markets overall, the report said. Both sides […]
More than half (58 per cent) of institutional investors surveyed have implemented smart beta strategies, according a recent survey from FTSE Russel. This represents a 10 per cent increase since 2018. When looking at investors that have implemented smart beta, or are evaluating or planning to use a smart beta index-based strategy, the number jumps […]
China’s debt situation appears dramatic, but worries about it shouldn’t necessarily deter institutions looking at investing in the country, says Andy Rothman, investment strategist at Matthews Asia. The majority of the debt stems from measures taken by the Chinese government to stimulate its economy after the global financial crisis, prior to which the country’s overall […]