by Chris Flynn | Dec 18, 2020 | Research
This original CEM research was published in the December 2020 edition of the Journal of Investing. To get a copy of the article’s reprint, just click the download button below. ABSTRACT The CEM database contains private equity true-time weighted portfolio returns net...
by Edsart Heuberger, Product Manager, Pension Administration | Dec 8, 2019 | Research
All pension plans focus on the ‘customer experience’ to a greater or lesser extent. That said, for several leading global plans customer experience has become a key strategic priority in recent years. These plans have adopted highly structured customer experience...
by Chris Flynn | Nov 8, 2019 | Research
In a theoretically ideal market in which participants have equal access and understanding of information, efficiency should occur. In this environment, actively managed portfolios should, on average, not be able to outperform indexed portfolios. Thus, the value added...
by Chris Flynn | Sep 8, 2018 | Research
Real estate is a significant element in the portfolios of large European institutional investors, with allocations making up as much as 10 percent of the average portfolio. The purported benefits of the inclusion of real estate in institutional investor portfolios are...
by Chris Flynn, Tej Dosanjh, John Simmonds, Franco Wang | Sep 8, 2018 | Research
Institutional asset owners across the world, encouraged by regulators, are increasingly interested in ‘hidden’ transaction costs – costs incurred in trading securities before returns are calculated. For Defined Benefit pension plans, every £ taken in cost needs to be...
by Mike Heale | May 8, 2018 | Research
Pension funds need investment strategies with attractive risk and return characteristics to fund their liabilities. Hedge funds are increasingly popular investments which purport to fill this need, as witnessed by a 25-fold increase in hedge fund use in the CEM global...
