Author Archives: Alfred Slager

About Alfred Slager

Alfred Slager is professor of pension fund management at TiasNimbas Business School, and director of CentER Appplied Research at the Tilburg School of Economics and Management. His expertise includes international financial services, with a particular interest in investment management and pension funds. He regularly teaches courses to investment managers and pension fund trustees. Prior to this he worked as Chief Investment Officer at Stork Pension Fund, as investment strategist and policy advisor at PGGM Investments, and as manager research and investment manager at Fortis Investments. Slager regularly publishes on pension and investment management subjects and teaches executive courses for pension fund trustees.

Emerging beliefs

One of the key messages of the book Investment Beliefs that Kees Koedijk and I wrote, was the importance to articulate your views on how financial markets work. However much we’d like it to be, investing is not a hard … Continue reading

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Training for the stress test

Stress testing with scenarios is in vogue. The Financial Times reported that European banking regulators plan to introduce a tougher stress test process as part of a new mechanism to force recapitalizations of banks[1]. How useful is the tool for … Continue reading

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Selecting and Firing Investment Managers

After long deliberations between trustees and their investment managers, the choice is finally made to select manager GoodInvest* to manage the fund’s emerging market equities. The investor relations department has its work cut out.

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Things pension investors would like to get to the bottom of – Part 1

The conference season is up and running again. We’ve attended and delivered some presentations in the recent week at conferences for investors and trustees. What is on their agenda? We cover two debates: The right exposure with the right benchmark … Continue reading

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Deciding whether to manage your fund active or passive

This week, the LDI (Liability Driven Investments) Congress 2011 was hosted in Amsterdam, were I was invited to hold a small talk on the enduring active vs. passive management debate. The presentation covers familiar grounds. Several attendees were interested in … Continue reading

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