Asset Allocation and TAA - News & Blogs

The correlation between equities and bonds is an important input for asset allocators. For the last 20 years, the correlation between equities and bond yields has been positive (falling stock prices typically coincide with a decrease in bond yields). This has given rise, during the 21st century, to a risk on / risk off mentality, whereby the risk-off (safe-haven) trade is to…

Much of the economic growth today is taking place outside of the public markets, says Nick Veronis of iCapital Network.

CalPERS traded $55 billion in fixed income securites last financial year as it implemented its new internal structure apportioning fixed income assets across three groups: treasuries, spread and high yield. Each of the new segments in the board-approved structure has defined purpose and role.

The Global Market Index’s expected risk premium ticked higher in September, reaching an annualized 4.7%, up slightly from last month’s estimate. Compared with a year earlier, however, the projected long-term risk premia for GMI has slipped from a 5.0% estimate at this point in 2018 (see table below). GMI is an unmanaged market-value-weighted portfolio that […]

CIO Marcus Frampton discusses the implications of each asset class while preparing for a new strategic asset allocation. The post Alaska Contemplates Market Trends for Next Asset Allocation Strategy appeared first on Chief Investment Officer.

Survey by DAA suggests passengers believe money should be invested in facilities instead

BoE’s Michael Saunders says Brexit uncertainty could trigger interest rate cut

• Breaking: Saunders says Brexit uncertainty could mean lower rates
• Saunders: Persistent high uncertainty hurts economy
• Pound falls below $1.23

Earlier

• Chinese industrial profits slide

8.44am BST Michael Saunders helpfully put the three key points from his speech at the…

Exclusive: species added to at-risk list as numbers fall, but hake and plaice are boomingConsumers are being urged to steer clear of North Sea cod and wild Atlantic salmon – and eat more herring, plaice and hake – in a fresh attempt to alleviate pressure on threatened stocks.The Marine Conservation Society (MCS) will publish its updated 2019 Good Fish Guide this week, setting out which is the…

'New strategic asset allocation opts for stability, resiliency and low volatility.' The post Texas Teachers’ Finalizes New Allocation. Shies Away From Equity Markets appeared first on Chief Investment Officer.

Jordan Erica Webber chats to New York Times reporter Mike Isaac about Super Pumped, his new book on the rise and fall of Travis Kalanick Continue reading...

Airline says it will pass on proposed 15% drop in charges to passengers

After meandering for a month, emerging-market bonds came alive in October’s first week of trading. This slice of global fixed-income securities posted the strongest increase last week for the major asset classes, based on a set of exchange traded funds. VanEck Vectors JP Morgan Emerging Market Local Currency Bond (EMLC) surged 1.9% for the trading […]