Investments

Rapid Evolution - 10 years of Investing in Emerging Markets Local Debt

Published by: T. Rowe Price

Emerging markets have evolved considerably in the last 10 years ago. However, dispersion of performance between individual emerging markets countries is still evident, reinforcing our view that an active management approach is the best way to approach the asset class.

A Birds Eye View of Real Estate Markets: 2017 Update

Published by: PGIM Real Estate

With real estate becoming more firmly established in the wider multi-asset investment universe, it’s important for investors to understand the scale of its opportunity set. In this paper, PGIM Real Estate estimates the size of real estate markets around the world.

The Chairman – How Xi Jinping is shaping China’s future

Published by: Aviva Investors

Xi Jinping is set to begin another term as Chinese President--and become the most powerful Chinese leader since Chairman Mao. What does this mean for China and the world? Find out in the latest AIQ magazine from Aviva Investors.

Active Managers Well Positioned for Shifting Global Economy

Published by: ClearBridge Investments

The global economy is entering a period of balanced growth that should alter how equities are valued and create greater opportunities for active managers. Characteristics unique to international markets should allow active managers to capitalize on trend changes and mispriced stocks.

Making STRIDEs in Evaluating the Performance of Retirement Solutions

Published by: S&P Dow Jones Indices

The S&P Shift to Retirement Income and Decumulation (STRIDE) Index Series incorporates an innovative risk management framework focused on providing increasing levels of clarity and stability around sustainable annual consumption in retirement. This paper tests S&P STRIDE’s approach to consumption risk management and asset allocation over the period 2003 to 2016.

The growth of passive investing: Has there been an impact on the US equity market?

Published by: FTSE Russell

What could the growth of passive investing mean for the market? Learn more about the influences at play on the markets, the investment industry and pricing.

Emerging Markets at the Crossroads

Published by: PGIM

Engines of EM growth will be reshaped over the next decade. Which opportunities and risks should investors focus on?

Bond Market Complexities Warrant a Smarter Approach to Indexing

Published by: T.Rowe Price

Passive portfolios often fail to fully deliver benchmark returns on a consistent basis due to the complexities and inefficiencies of fixed income markets. In light of these realities, investors could benefit from a smarter approach to bond indexing.

Climate change: redefining the risks using Carbon VaR

Published by: Schroders

We’re concerned that investors are focused more on urging action than developing risk management solutions. With nearly 20% of corporate earnings potentially depleting to meet carbon price targets, we introduce Carbon VaR as a new tool to manage climate risks.

Decumulation in Defined Contribution: The second act

Published by: BlackRock

Is your DC plan ready for the shift from saving to retirement spending? As today’s employees retire, they will increasingly want (and need) assistance to translate their retirement assets into income. Explore how DC plans can help provide a solution.

From Stall Speed to Reflation: A Turning Point for Investing

Published by: PineBridge Investments

Markets have finally entered a new regime of improving confidence, growth, leverage, and prices. For investors, success ahead will require a more active approach.

Invested in Disruption

Published by: State Street Global Advisors

Disruptive forces across markets, industries and global demographics are driving new thinking and opportunities for investors. Our Investment Quarterly magazine analyses the trends and how investors can capitalize on them.

Rethinking Portfolio Analysis - Living Standard Risk & Reward Over the Life Cycle

Published by: Mackenzie Investments

Research shows that a life-cycle financial planning framework can help investors reduce “living standard risk”. The paper “Rethinking Portfolio Analysis: Living Standard Risk and Reward over the Life Cycle” says this framework can help improve investors’ spending and investment decisions.

The Science of Superior Service research

Published by: Wells Fargo Asset Management

Gain insight into what plan sponsors really want Our Science of Superior Service research reveals what sponsors want and what you’re delivering may be light years apart. Access research now

Getting smart (beta) about target date funds

Published by: BlackRock

Can factor investing help target date funds achieve their objectives? Explore how carefully selected smart beta exposures can be implemented within the glidepath to seek additional return for younger participants and reduced volatility near retirement.

High Conviction Active Management Asserts Strength Over Time

Published by: ClearBridge Investments

Arguments against the ability of active strategies to outperform market benchmarks fail to differentiate the many active management approaches available to investors. A recent ClearBridge analysis identifies turnover rate and number of holdings as determinants of performance among active strategies.

The Path to Transparency In Alternatives Investing

Published by: Northern Trust

A Northern Trust sponsored survey of 200+ asset managers and investors reveals evolving priorities around transparency and risk, as well as a need for industry consensus with regard to governance. Gain insights into alternatives and download the paper today!

Not your parents’ ESG

Published by: P&I Content Solutions

As responsible investing gains steam among asset owners, the concept is evolving from a distinct approach to a set of factors that influence a broader range of investments and investors.

Generating Passive Alpha in the Core of a Portfolio

Published by: WisdomTree

This paper examines the philosophical and fundamental underpinnings for the creation of the WisdomTree fundamentally weighted Indexes, showcases the impressive performance track record generated, indicates the factors we believe drove performance, and concludes with how we think these strategies fit into the U.S. equity market context today.

Managing investment outcomes with volatility control

Published by: Schroders

Asset price volatility is a concern for most investors. One answer is to use a volatility-controlled strategy; one that seeks to reduce the risk, while retaining much of the growth within the portion of a portfolio.

Rethinking Longevity Risk: A Framework to Address the Tail End

Published by: S&P Dow Jones Indices

With the significant improvement of human lifespan, traditional retirement thinking does not adequately take into account the need for providing for the tail end of the lifespan in the form of a stable stream of retirement income.

Revisiting the Global Credit Cycle

Published by: PGIM Fixed Income

Find out how new, pro-growth U.S. policies could accelerate the current credit cycle, requiring increased attention to tail risk in fixed income portfolio construction.

Strengthening the core: Preparing DC menus for the next evolution

Published by: BlackRock

Core menus are designed to provide choice and diversification. But are they meeting that expectation? Our examination suggests four key steps to drive the next evolution of investment menus.

Populism and the Threat to Globalization

Published by: Standard Life Investments

What is driving the rise of populist parties in Europe, the election of President Trump, Brexit? We explore these issues alongside social and cultural changes globally and consider the implications for the future of globalization and for markets.

Schroders’ Global Investor Study (pension fund investors) – Focusing on investment outcomes and ESG issues

Published by: Schroders

A new political and economic landscape is changing investors’ priorities and approach. The Schroders Global Investor Study shows that a focus on investment outcome rather than relative return is fuelling a significant rise in multi-asset and smart beta investing.

Multi-Asset Strategies: Giving asset owners peace of mind in today’s uncertain investment environment

Published by: P&I Content Solutions

In this round table, James Macey, portfolio manager for Franklin Templeton Solutions, Ashwin Alankar, global head of asset allocation and risk management for Janus Capital Group, and Michael J. Kelly, global head of multi-asset for PineBridge Investments, discuss what multi-asset strategies can deliver, what they can’t deliver and how investors can use them to help meet their return objectives.

A different kind of target-date investor

Published by: Vanguard

In A different kind of target-date investor, from Vanguard Center for Investor Research, authors examine how participants become mixed target-date investors, determine if the concerns raised about mixed target-date investors are valid, and suggest measures to avoid such risks.

A Case for Dividend Growth Strategies

Published by: S&P Dow Jones Indices

Dividend strategies have gained a foothold with market participants seeking potential outperformance and attractive yields in the low-rate environment since 2008. Stocks with a history of dividend growth could present a compelling investment opportunity when rates are rising.

Building a Smart Beta Core U.S. Equity Allocation in Mid- and Small Caps

Published by: WisdomTree

This paper will discuss what WisdomTree believes is one key factor to building smart beta indexes for U.S. equities: profitability. Incorporating profitability into the selection and weighting of its components is one element that sets WisdomTree apart in its earnings family of Indexes.

An examination of global asset allocation and home bias

Published by: Vanguard

Research has found that asset allocation is the key driver of return variability for a diversified portfolio. Vanguard offers clarity with two questions: How does asset allocation affect risk/return expectations? And how much home bias is reasonable?

Retirement distribution decisions among DC participants

Published by: Vanguard

The majority of retirement-age DC plan participants leave their plan within five years of separation from service. Participants are more likely to remain when plans permit flexible distributions, having implications for target-date fund design and retirement income programs.

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