analysis

Hedge Funds

Modeling risk post-GFC

The pre-global financial crisis notion of strategic asset allocation (SAA) and asset liability management studies contained a more static element and trustees considered portfolio suitability based on triennial reviews. Since the crisis, superannuation funds have been moving towards shorter term time frames and absolute return-based investing, traditionally the domain of hedge funds and multi-asset funds. […]
Investment Strategy

Asset manager Pain makes big calls

When Jonathan “Jonty” Pain was growing up in apartheid South Africa, he shocked his father by leaving the nation’s most prestigious all-white male boarding school, Hilton. Pain wanted to go to the multi-ethnic school, Waterford in Swaziland. But the school was dismissed by his father as a hangout for “drug addicts and hippies”. Against his […]