Institutional investors preferring hedge funds
Institutional investors are increasingly turning to hedge fund strategies in response to low bond yields and high-priced equity markets. Some investors are building hedge fund allocations for the first time, while a second group is refining and improving existing hedge fund allocations, according to international independent investment consultancy bfinance in a recent report.
The research firm notes that hedge fund portfolio construction has changed against a backdrop of increased uncertainty, given the pandemic and its macroeconomic consequences.
Han Dieperink: more inflation thanks to IPCC report
The IPCC report is widely seen as disturbing and alarming. The urgency is clear. The most important consequence for investors is that it will lead to more inflation. After all, the report’s obvious aim is that more must be done to combat global warming.
Han Dieperink: the investor and the government
The moment the government starts determining what you are allowed to earn as an investor, it is usually wise to be gone. In Europe, there is more regulation than in the United States. In some cases, such as in the financial sector, there has been de facto nationalisation since the Great Financial Crisis. The average bank employee has to deal with more rules than the average civil servant.
SKAGEN: First quarter engagement report
As long-term investors, we regularly engage with our portfolio companies to promote and encourage improvements.
AXA sees no problem with low interest rates
The bond market is in the doldrums. The value of the world’s negative yielding debt has risen to more than USD 16,000 billion, the highest level in six months. Yet not every bond investor is worried about negative yields.
Lazard AM: create your own asset classes today
Jai Jacob, managing director and fund manager in Lazard Asset Management’s multi-asset investment team, creates his own asset classes because traditional subdivisions no longer suffice. Most recently, he created sustainable agriculture. He also takes a different view of emerging markets because this universe has become predominantly China, just at a time when Chinese markets are reeling.
AXA IM: How active management aims to make the most of Green Bonds
The market for financing linked to environmentally friendly projects and companies has already reached $1trn by some measures and we expect will move swiftly past that landmark during 2021.
UBS AM: Lessons from earnings season
We’re approaching the end of earnings season, a period when corporate executives offer assessments of the business climate and how they’re addressing operational challenges and opportunities.
Sport and Investments: former rower Emiel van den Heiligenberg (LGIM)
In 1993 he made a serious plan to participate in the Olympic Games of ‘96. Emiel van den Heiligenberg (pictured above raising his hands) trained 14 times a week, hours a day. Until, among other things, a hernia threw a spanner in the works. The competition rowing of those days still plays a role in his function as head of the asset allocation team of LGIM.
PGIM Investments: Pendulum Shifts Back Towards Growth
Jennison Associates’ explain why markets moving past peak reopening phases of the recovery signals improving rates of relative growth for secular stocks.