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“Koedijk and Slager did a great job in bridging the gap between academic research and everyday practice. "
- Prof. Jean Frijns, VU University Amsterdam"This is an impressive contribution to trustee knowledge and understanding"
- Professor Gordon L Clark University of Oxford
Category Archives: Finance
Top investment strategies – Being in tune with today’s investment needs
With the US donning a double-digit unemployment rate and the federal debt level spiraling out of control, more and more people are getting bored of their corporate cubicles. With jobs slashing down and wages going through massive cuts, people are … Continue reading
Posted in Blog, Finance, Uncategorized
Tagged decision-making, investment strategy, Steven Roberts
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Prospect Theory and Pension Funds
Interesting interviews with Daniel Kahneman were recently posted, about prospect theory and other key developments in behavioral finance. According to Thayer Watkins, Daniel Kahneman and Amos Tversky coined the phrase “Prospect Theory” for their studies of how people manage risk and … Continue reading
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
Posted in Blog, Economics, Finance
Tagged BRIC, Emerging Markets, equity risk, Quantitative Easing
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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
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