Hedge Funds

Risks are multi-faceted and evolving: Litterman

If Robert Litterman were a CIO of a public pension plan he would not try to hit an “unrealistic return target”. There is a serious problem with US public pension funds and the “unrealistic commitments and unrealistic return targets” they have set, says Robert Litterman, co-developer of the Black-Litterman Global Asset Allocation model and risk […]
Investment Strategy

Blinder: a power of paradox at Princeton

Pension funds or any investor holding a slug of long-term fixed income needs to factor in some capital losses soon, says Princeton academic and former vice president of the Federal Reserve, Alan Blinder. “The timing is difficult to predict, but three or 15 months, it doesn’t matter. It is predictable,” he says. “The unpredictable part […]
Hedge Funds

Frontier’s global alliance reaches for rivals

Frontier Advisors is to gain a global reach in its manager research after forming an alliance with a US firm and with the prospect of further deals with consultants in Europe, South America and Asia. It has initially teamed up with North American firm Segal Rogerscasey in a deal that will see it gain access […]