Latest Special Reports – Page 52
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Gaining currency as a risk control
Lynn Strongin Dodds finds that worries about currency risk are leading investors to consider factor-based approach when investing in foreign exchange markets
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Listed Equity: A public role
New indices and ETFs apply impact investment to liquid equities. But corporate reporting and investor focus are central, according to Liam Kennedy
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Listed Equity: The five tests of impact
Andrew Parry argues that five key tests should be applied to public market investments before they can be termed impact investments
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Beat the bond benchmarks
Investors may be losing significant returns by failing to apply factor investing to bonds, says Barbara Petitt
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Green growth
High levels of green bond issuance have sparked investor interest and spawned funds and strategies, writes Rachel Fixsen
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Beware of taking labels at face value
Sebastian Ceria and Melissa Brown warn that exchange-traded funds with similar labels can generate widely different returns because of the way their portfolios are constructed
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All investment impacts
Institutional investors looking at impact strategies should take a holistic view of their portfolio, argues Jane Ambachtsheer
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Case Studies: LPP and FRR
Charlotte Moore outlines how two pension funds are using factor-investing strategies
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Interview: Amit Bouri - GIIN
Susanna Rust asks Amit Bouri, CEO of the Global Impact Investing Network, about the opportunities and risks that come with impact investing’s growing popularity
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Top-down versus bottom-up multi-factor approaches
Noël Amenc, Frédéric Ducoulombier, Felix Goltz and Sivagaminathan Sivasubramanian look at the pros and cons of top-down and bottom-up strategies for factor investing
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IPE at 20: Back to 1996 - four moments in pension investing
Fads and fashions ebb and flow, in the world of pension investment seemingly as much as any other. Balanced management is firmly out of favour. Fiduciary management is in. Yet both represent a different take on the outsourcing of investment
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Special Report Consultants: A testing time
The UK’s Financial Conduct Authority is assessing whether a lack of competition among pension consultants is hurting UK pension schemes
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IPE at 20: Time for retirement ‘SeLFIES’?
The potential global retirement crisis needs to be addressed by timely innovation. The longer governments wait, the higher the cost, argue Robert Merton and Arun Muralidhar
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Consultants: Changing roles
IPE asked pension consultants across Europe and beyond how they are responding to changes in the wider pension sector. Here is a selection of their views
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IPE at 20: Change pension regulation and enhance economic growth
Low growth is a worldwide economic problem. Western economies, in particular, suffer from the effects of secular stagnation, balance-sheet recession and stringent budgetary rules prohibiting extra government spending, write Jean Frijns, Theo van der Klundert and Anton van Nunen
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IPE at 20: Insights from 100 conversations
While researching his book on the future of pension management, Keith Ambachtsheer spoke to some 100 pension funds from all around the world. He shares insights from those conversations
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IPE at 20: Mental models of the future
When IPE was founded in 1997, the mainstream investment approach was based on the Modern Portfolio Theory. The approach allowed users to apply statistical and mathematical protocols to construct portfolios, which was convenient
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IPE at 20: Writing on the walls
Economists love cycles. But the only well-known economist also known as a good investor was John Maynard Keynes
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IPE at 20: The purpose of investment
The management industry must evolve to become primarily a stewardship provider or it may lose its social licence to operate
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IPE at 20: Time for a new implicit contract in alternative investments
An outstanding phenomenon of the past 20 years is the relentless rise of alternative investments, say Amin Rajan and Anthony Cowell