White papers and articles discussing issues related to investment consulting and actuarial consultants. The most recurrent theme amongst our top papers is the subject of delegated investment management services, with fiduciary management surveys and reports on investment outsourcing (OCIO) being frequently downloaded. Reports on the role of investment consultants in... manager selection have also proved popular, covering topics such as investment consultants' recommendations of fund managers, investment consultant alpha, and how to get on the approved list of managers for selection. Other top research in this section covers trends within the investment management industry, actuarial assumptions, and the role that investment consultants play in alternative investments. Further documents consider the risk tolerance of boards, institutional decision-makers, fee structures and risk premia.
The Environmental, Social and Governance (ESG) investing landscape is maturing. Presently, expansion is not only in dollar amounts — ESG investing now represents about 20 percent of total assets under professional management in the United States — but also in the development of new policies like the EU Non-Financial…
One of the most critical tasks for the Government Pension Investment Fund (GPIF) is the proper selection and monitoring of fund managers. The asset owner's current approach, which depends on the track records and qualitative explanation of candidates and commissioned fund managers, can be significantly improved with the use…
This 84-page report from UBS Asset Management takes an interesting and helpful look at the state of the global family office. Now in its fifth year, the report has become an invaluable source of data into the family office and private wealth market at large. A record number of global family offices (311 in total)…
In broad terms, accounting standards aim to enable employers to approximate the cost of an employee's pension and other post-retirement benefit over the employee's service tenure. Any benefit accounting method that recognizes the cost of benefits before their payment becomes due must be based on estimates or assumptions…
This report examines the state of robo-advising. Looking at business models, the authors see that robo-advisors, discount brokerages, and full-service wealth managers have value propositions that target different customer bases. Many of the discount brokerages are well scaled with material cost advantages, while the…
Unconstrained bond assets are on the rise. Across both retail and institutional accounts, assets under management in these strategies rose from $153.2 billion in Q2 2013 to $289.7 billion in Q2 2018, for a five-year compound annual growth rate of 13.6%, according to eVestment data.
This is Barnett Waddingham's first annual survey of U.S. companies which have a UK subsidiary with a defined benefit (DB) pension scheme. The survey covers 32 of some of the most influential companies in the U.S., with around £56 billion of UK DB pension liabilities between them.
This year's UK Autumn Budget will take place on 29 October 2018. HM Treasury will be looking at the extent to which it might be feasible to raise revenue from (reduce the generosity of) the pensions tax regime. Whether any changes are made remains to be seen, but after years of tinkering, which the Government estimates…
The Society of Actuaries (SOA) conducted a study regarding underwriting methodologies and their impact on mortality experience using the Delphi Method. This involved surveying experts in the topic, sharing anonymous survey results with those experts, and allowing revisions and refinements to responses to obtain greater…
This report has been co-authored by Newton Investment Management and PensionsInsight. It provides an analysis of trusteeship, sustainable investment and scheme management trends in the UK pension sector, and focuses on three key topics: the relationship between trustees and their advisers, sustainable investment, future…
This edition of the Longevity Bulletin (published by the Institute and Faculty of Actuaries) explores how rapid technological change is affecting longevity.
This report by IPE (Investment & Pensions Europe) lists the top 400 asset managers ranked by global assets under management and by the country of the main HQ and/or main European domicle. Total global assets under management total 65.7trn euros.
This paper provides an introduction to short selling and how it is regulated to help ensure investor protections and prevent abuse. In addition, it explores the benefits short selling provides investors as both a risk management tool and a way to meet financial obligations regardless of market conditions.
This report summarises the findings from the 2018 quantitative survey among defined benefit (DB) schemes, carried out between 1 and 27 March 2018. The survey was conducted by IFF Research, an independent market research agency, on behalf of The Pensions Regulator (TPR). Additional qualitative interviews were undertaken with…
Four CFA Societies from the state of Florida pooled their data to product this region-specific analysis of compensation levels for investment professionals.
This on-demand webinar explores how private markets investor relations and fundraising professionals can source and leverage more timely and granular market, peer and firm intelligence to accelerate fundraising and enhance investor communications.
FTSE Russell shares findings from its most recent consultation of the Canadian fixed income marketplace on minimum issue size inclusion considerations for FTSE Canada Bond Indexes.
A common view of retail finance is that conflicts of interest contribute to the high cost of advice. Within a large sample of Canadian financial advisors and their clients, however, we show that advisors typically invest personally just as they advise their clients. Advisors trade frequently, chase returns, prefer expensive…
Whether or not we consciously think about it, our perception of the brands we interact with affect decisions we make in our work and personal lives daily. We gravitate toward brands we have a positive association with and avoid those with a negative association.
