incentives

Hedge Funds

CalPERS to confront messy absolute return portfolio

Wilshire’s annual review of the US$190 billion CalPERS’ internal risk managed absolute return strategies (RMARS) has revealed a number of anomalies compared with its other global equity investments, including an over-reliance on quantitative tools and inadequate staff compensation incentives. In addition, an examination of the underlying investments in six of the hedge fund-offunds (hedge FoF) […]
Hedge Funds

CalPERS to confront messy absolute return portfolio

Wilshire’s annual review of the US$190 billion CalPERS’ internal risk managed absolute return strategies (RMARS) has revealed a number of anomalies compared with its other global equity investments, including an over-reliance on quantitative tools and inadequate staff compensation incentives. In addition, an examination of the underlying investments in six of the hedge fund-offunds (hedge FoF) […]
Investment Strategy

Actuaries call for new risk framework to prevent future crises

An international actuaries report has proposed a new global risk management framework to prevent future financial crises which includes stricter capital requirements for financial institutions with remuneration incentives focused “excessively” on the short term, and the appointment of a country chief risk supervisor. The report, written by the International Actuarial Association (IAA) and titled Dealing […]
Investment Strategy

Actuaries call for new risk framework to prevent future crises

An international actuaries report has proposed a new global risk management framework to prevent future financial crises which includes stricter capital requirements for financial institutions with remuneration incentives focused “excessively” on the short term, and the appointment of a country chief risk supervisor. The report, written by the International Actuarial Association (IAA) and titled Dealing […]
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