Pension Plans Shed Stocks to Manage Volatility
Coverage of the 2012 Risk Management Conference
- October 1, 2012 September 13, 2019
- 07:00
Coverage of the 2012 Risk Management Conference
According to Robert Litterman, humans are conducting the largest “chemical experiment” in history as unfettered production of greenhouse gas emissions continues to take its toll on the environment. In his keynote address, Litterman, the former Head of Risk Management and Goldman Sachs and co-developer of the Black-Litterman asset allocation model, provided a wide-ranging perspective on how climate change risk could and should be priced.
New EDHED-Risk Institute study sheds light on TVIX ETN crisis.
Pension funds are already exposed to emerging markets equities and, for some at least, frontier markets are beginning to appear on the radar screen. But as emerging markets mature and opportunities for alpha start to decline, investors will no doubt get ready to turn to the next generation – and frontier markets will be waiting. One new ETF is ready to enter the frontier space already.
Hammered by poor returns, pensions turn away from public equities.
Pension fund builds its presence in Europe.
EDHEC-Risk Institute shows winners and losers in August.
Last week, exchange-traded fund (ETF) provider Lyxor announced its decision to launch a line of physically replicated ETFs by the end of 2012. As one of Europe’s biggest providers of synthetic ETFs, Lyxor has made a bold move that reflects investors’ concerns over the growing use of derivatives in the ETF space. What does Lyxor’s move mean for the industry?
While 2012 has been a great year for growth, it’s also starting to look a bit like a watershed year for the exchange-traded fund (ETF) business, especially as the price war continues to heat up, making it harder than ever for ETF providers to turn a profit. Prices have put pressure on all aspects of the industry, prompting speculation last week that Vanguard’s move to slash prices might cause other big providers to cut their fees, too. Is there a shakeout rolling through the ETF industry?
All submissions are due by September 14!