Roughly two-fifths (38 per cent) of U.S. institutional investors say they incorporate environmental, social and governance factors into investment decisions, according to a new survey by Callan. The survey — which polled roughly 90 institutional investors, including public and corporate defined benefit and defined contribution pension plans, as well as endowments and foundations — found […]
With any pension investment, plan sponsors must follow the same steps: set a policy, select asset managers and ensure strong governance, monitoring and evaluation. Pension funds can take additional steps to better embed long-term principles throughout the entire investment cycle, according to a working paper by Alfred Slager, a professor of pension fund management at […]
It’s no surprise that investors can’t rely on past performance when picking a manager for tomorrow, but it remains a key driver for many investment decisions, according to a new paper by Mercer. “Despite the ever-present health warning that ‘past performance is no guide to future performance,’ there are plenty of theories in behavioural finance […]
Patterns show institutions following hot money, not long-term.