Strategy | Report
21 December 2018 - Boards and executives of long-term funds, such as pension plans, sovereign wealth funds, and endowments, have a challenging problem. They need to manage those portfolios to meet their long-term purpose, which may be decades or more into the future. Yet no fund has the luxury of looking only to that long-term time horizon. Each must also meet expectations in the near term in order to continue in its role and with its investment strategy.
Video
9 September 2020 - For many investors, asset allocation begins with an estimate of volatility, producing the most stable portfolio of assets that still can earn the target return. An assumption underpins this process – that volatility has a mathematically-certain relationship with time. That assumption is empirically false, and the ramifications for diversification and strategic asset allocation are enormous. Learn more from experts at State Street Associates about how the choice of risk timeframe influences a portfolio’s long-term success.
Governance, Strategy | Video
12 August 2020 - In the first installment of our new Risk Webinar Series, Ahren Estabrooks (Ontario Teachers’ Pension Plan), Carol Geremia (MFS), and Daniel Godfrey (Federated Hermes) discussed the importance of managing investment risk in long-term mandates.