Risk management news and video from Pensions & Investments
CalPERS: Portfolio risk trending lower but elevated vs. pre-crisis levels
In its latest fund performance and risk report, CalPERS said the pension fund's forecast risk was 12.96% as of Feb. 28 - and has been trending lower, but remains high compared to pre-crisis levels. Public and private equity accounted for about 87% of total portfolio risk, while real assets ...
New risk management tools for a post-financial crisis era
Institutional investors are reaching out for new risk management tools to address shortcomings in estimating risks that left them more exposed to losses in the financial market crisis than they expected.
RiskWatch for April 29, 2013
RiskWatch provides recent data on volatility and correlation, the two components of risk, for U.S. and global equity and fixed-income markets. The equity data are derived from Axioma's medium-horizon fundamental risk model. The first set of tables is designed to capture U.S. industries, countries
Japan, China buck trend of global decline
The downward trend in risk levels around the world continued into the first quarter of 2013, with two notable exceptions: Japan and China, according to the Axioma Insight Quarterly Risk Review.
Cambridge: DB derisking glidepaths 'too mechanistic'; plans should target risk levels
Defined benefit pension plans using a derisking glidepath should move to a more holistic approach that maximizes returns at each targeted level of risk, according to a new paper from Cambridge Associates.
'Go big' in alternatives, conference attendees urged
Institutional investors should increase their allocations to alternative investments to around 35%, while paying better attention to the risk in their portfolios, according to speakers at The Pension Bridge Conference.
IMF: U.S. public pension funds increasing risk to dangerous levels in search of yield
U.S. pension funds, especially poorly funded plans, are increasing their risk exposure to dangerous levels in the current low-interest-rate environment, according to a report from the International Monetary Fund.
Investors adapting portfolios to volatile environment
Nearly five years after suffering the biggest investment losses of their careers, chief investment officers are hot on the trail of volatility management solutions.
Currency volatility can be antidote for interest rate risk
Worldwide, investors in fixed-income portfolios share a common concern — the risk of rising interest rates as global economies recover and central banks tighten monetary policy.
Funds created to control risks for DC participants
Hewitt EnnisKnupp created a family of four funds to control the volatility of post-retirement income for defined contribution plan participants.
Investors keep a watchful eye on the horizon for risk
Institutional investors increasingly are embracing myriad volatility management strategies in an effort to control downside portfolio risk and still meet long-term return goals.
DC plans wrestle with risk question
Defined contribution plan sponsors are doing more to control investment volatility but many still are grappling with issue of how — or whether — to control or eliminate the biggest post-retirement risk their participants face: income adequacy.
Experts minimizing fears on risk parity
Consultants and money managers are playing down concerns in a recent report about the potential affects that rising interest rates and the combination of leverage and illiquid investments might have on risk-parity portfolios.
Callan: Pension funds increasingly focused on 'culture of risk'
Institutional investors are paying more and more attention to a multitude of strategies to manage risk, according to Callan Associates' first risk management survey.
Institutions move to add volatility strategies
A number of institutional investors intend to carve out an allocation in their asset mix for volatility strategies, despite consultants' views that volatility is not yet a formal asset class.