Maximizing Alpha
Active vs Passive Fixed Income
Active managers within the fixed income space have consistently demonstrated the ability to generate additional alpha over their passive counterparts. The oversimplified construction of passive fixed income indexes and the ability to both actively manage around prominent fixed income risk factors and tactically alter their portfolios to global macroeconomic events all support the case for active management.
Global Equity
The Case for Flexibility in a Changing World
In 2019, the value proposition of global equity solutions is greater than ever. Large companies are becoming increasingly globalized, the global opportunity set has broadened for investment managers, and the flexibility of a global mandate presents potentially better return generation and risk mitigation opportunities for active managers.
ESG & Retirement Plans
The Case for Greater Compatibility
Environmental, social and governance (“ESG”) investing is growing in its understanding, acceptance and usage in the retirement plan industry. While considering the use of these strategies, it is an important part of plan fiduciary oversight to assess them thoughtfully and consistent with ERISA’s fiduciary requirements.
Smart Beta Investing
What Retirement Program Fiduciaries Need to Know
Smart beta (or factor-based) investing is growing in its understanding, acceptance and usage in the asset management industry. While the use of stand-alone options using these strategies in retirement plans is limited due to their primarily ETF presence, their usage inside of asset allocation strategies like target date and target risk funds, including custom target date solutions, is expanding.
Securities Lending Today
What Retirement Program Fiduciaries Need to Know
Securities lending is alive and well in today’s asset management and retirement industry. While there is a clear benefit to securities lending, it also introduces risks such as counter-party and collateral re-investment and liquidity risks.