Category Archives: Blog

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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How long, and how consistent should you hold on to a conviction?

That’s the million-dollar question in any industry, but definitely a billion-dollar question in the investment industry. Jeremy Grantham of GMO makes an excellent case in point. He has a conviction, and stood by it. Jeremy helped co-found Grantham Mayo Van … Continue reading

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Benefits of developing investment beliefs

Which company makes it its mission to inspire moments of optimism and happiness, to create value and make a difference? Unfortunately, not a pension fund. This is the mission statement from Coca-Cola. However, the largest pension funds are aspiring do … Continue reading

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