Institutional Asset Managers - Articles & White Papers
Savvy Investor is the world's leading platform for asset management research. This topic section specifically aggregates white papers and articles of interest to institutional asset managers; in particular reports and surveys which examine different aspects of the institutional asset management industry. Amongst our most popular papers are those which examine the megatrends reshaping the investment management industry, and business strategies that can be considered by traditional or alternative asset managers...
to profit from the changing industry landscape. Other white papers generating a lot of interest include those exploring IT strategy for asset management, and examining trends in front-office and middle-office technology and the transforming effect it can have. Research for investment marketers has been popular, with reports covering fund marketing, fiduciary managment, CFA Principles for Investing Reporting, AIFMD and global regulatory issues being well-read. However, the most popular posts on the site have been reports detailing front office and asset management salaries and bonuses across a variety of banking asset management roles, including rewards for portfolio managers, economists/strategists equity analysts, debt/credit analysts, and those in multi-manager roles.
Are market experts prone to heuristics, and if so, do they transfer across closely related domains – buying and selling? The authors investigate this question using a unique dataset of institutional investors with portfolios averaging $573 million. A striking finding emerges: while there is clear evidence of skill in buying…
This paper provides a robust and practical framework for assessing performance fees. The fee valuation uses standard option pricing models and therefore does not require any expected return or alpha estimate. Dimensional Fund Advisors discuss the incentive impact of performance fees and caution against the unintended…
The Thinking Ahead Institute 500 is an annual research study of the world’s 500 largest asset managers (AMs). This edition covers trends and assets under management (AUM) for 2021.
This article is part of a comprehensive research project on liquidity risk in asset management, which can be divided into three dimensions. The first dimension covers the modeling of the liability liquidity risk (or funding liquidity), the second dimension is dedicated to the modeling of the asset liquidity risk (or market…
The Sustainable Development Goals have become an important way of investing in projects that can improve quality of life for millions while also making a financial return for the investor. However, not everyone fully understands what the goals are, how they work, and why they’ve become a major form of impact investing.…
Global Public Investors are widening their radius. The policies of 850 institutions with worldwide investible assets of $42.7 trillion have a profound effect on global markets. They will have a significant role in the postpandemic global recovery. The 8th annual edition of the GPI shows performance and practices across a…
In this paper, Aviva Investors explain why investors should look more closely at the portfolio construction process when evaluating corporate credit managers, focusing on three primary themes. First, many credit managers are vulnerable to behavioural biases that make them overly optimistic about their ability to forecast…
This is great tool to see what you are worth wherever you are in the world. Input your country, region, specialisation, and the title of your role in order to see how you compare versus your peers. This tool covers all major asset mangement roles across a wide variety of geographies.
After the second quarter, Johnson Associates projects meaningful year-end increases in incentive compensation across financial services. Investment & commercial banking profits are up sharply with the release of loan loss provisions and booming investment banking. Asset management incentives are up as markets drive…
The authors develop a framework to theoretically and empirically analyse the fluctuations of the aggregate stock market. Households allocate capital to institutions, which are fairly constrained, for example operating with a mandate to maintain a fixed equity share or with moderate scope for variation in response to changing…
Cryptocurrencies are moving towards becoming mainstream. A virtuous ‘crypto cycle of trust’ has evolved in recent years, with the rapid growth of early adopters prompting interventions by regulators that have introduced guardrails and early legitimacy to the crypto ecosystem. This has enabled easy access for retail investors…
FTSE Russell's annual survey of the market conducts in-depth research to better understand how sustainable investment is perceived, considered and used by asset owners around the world.
Allianz has unveiled the twelfth edition of its ‘Global Wealth Report', which puts the asset and debt situation of households in almost 60 countries under the microscope to reveal a sizeable growth in financial assets over the last year.
This edition of Vista carries 10 articles. Highlights include: latest developments in finance and markets, CBDCs and government digital currencies, social ESG in portfolios, and the outlook for inflation.
Artificial Intelligence (AI) and Machine Learning (ML) are increasingly used in financial services, due to a combination of increased data availability and computing power. The use of AI and ML by market intermediaries and asset managers may be altering firms’ business models. The IOSCO Board approved a mandate in April 2019…
China is the second-largest asset management market in the world by assets under management, and Invesco fully expects it will overtake the U.S. within the next few years, if not sooner. The Chinese government has made progress in developing its financial markets. This commitment to opening its markets has helped support the…
China is the second-largest asset management market in the world by assets under management, and Invesco fully expects it will overtake the U.S. within the next few years, if not sooner. The Chinese government has made progress in developing its financial markets. This commitment to opening its markets has helped support the…
Across all economic sectors, disruptions resulting from the global pandemic have forced businesses around the world to adapt and create new models of work. Although some industries may eventually return to a more normal operating model, the investment industry has already crossed a threshold, according to Kunal Kapoor, CFA,…
