All Portfolio Management articles – Page 3
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PodcastMegatrends: Personalized Investing
Megatrends can influence how we invest but what happens when it blends technology, investment acumen, and human expertise? Manju Boraiah discusses what personalized investing means to financial advisors and clients.
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White papersHow High Is Too High | Are Infrastructure Valuations Grounded in Reality?
Headline valuations associated with infrastructure transactions have, for years, been subject to mockery, skepticism or a more subtle roll of the eyes, with airports, data centers and towers considered usual suspects. Although the nascent asset class has more or less gone mainstream, higher rates and macroeconomic uncertainty haven’t allayed such oft-cited concerns. So, what do we make of infrastructure valuations in today’s environment?
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White papersAugmenting Investment Decisions with Robo-Advice
We study the introduction of robo-advising on a large representative sample of Employee Saving Plans. Differently from many services that fully automate portfolio decisions, our robo-advisor proposes investment and rebalancing strategies, leaving investors free to follow or ignore them. We investigate the resulting human-robot interactions and show that with the robo-service investors increase their attention to the portfolio, their investment in the plan and their equity exposure.
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PodcastBuilding Portfolio Resiliency with Compounding Income
Join Kevin Johnson, CFA, head of Platform Distribution, and Christopher Lee, CFA, senior portfolio manager on the Plus Fixed Income team, as they discuss the current market environment and how adding short duration income to a portfolio may help investors find consistency through inconsistent markets.
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White papersPM Spotlight: A Mathematician Managing Munis
Nick Venditti, Senior Portfolio Manager of Municipal Fixed Income, has an exceptional background in municipal bond risk. Read this issue of PM Spotlight to learn about his approach to the asset class.
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White papersIs There A Need For A Chief Liquidity Officer?
Many institutional investors have a Chief Risk Officer assisting the CIO to measure and monitor portfolio volatility. However, for many long-term investors (e.g., pensions, sovereign wealth funds and defined contribution plans) volatility comes and goes and volatility risk is rarely life-threatening. In contrast, liquidity events can create a sudden and unexpected need to raise cash and can threaten a fund’s survival.
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White papersDo volatility forecasts benefit from range-based measures?
MARS, our Multi-Asset Research Series, focuses on complex topics in the realm of multi asset to bring quantitative investment research back to Earth. In this second issue, we continue to explore range-based volatility measures and consider their advantages to improve volatility forecasts versus other estimators.
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White papersPrivate vs. Public Investment Strategies – Reported and Real-World Performance
Based on reported cumulative returns, private assets – especially buyout funds – outperformed public assets by a wide margin from 2005 to 2021. However, this traditional performance comparison is misleading because reported performance of private assets does not reflect the real-world performance experienced by CIOs.
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White papersPrivate Equity, an advantage for sustainable economic transition
Private equity is entering the growing economic sectors. Considered by some as a speculative investment and by others as a diversification tool, this asset class continues to make headlines.
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PodcastEpisode 6 | Bryan Jenkins - Pulling Back the Market Overview Curtain
Co-Head of Portfolio Management Group Bryan Jenkins pulls back the curtain on the process of building the annual Market Overview.
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White papersBenefits of Private Real Estate in Volatile Markets
In recent years, institutional and retail investor allocations to private real estate have risen steadily.
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White papersSharing knowledge towards infrastructure safety improvement
The environments in and around essential infrastructure often involve interaction between large civil structures and operating systems, the transportation of commodities and manufactured goods, and a range of people – workers, customers, suppliers, tenants, visitors and community members.
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White papersHistory Doesn’t Repeat, but It Often Rhymes
Diversification is often key to navigating down markets, but focusing on the mix of stocks and bonds may not be enough.
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White papersWhy, and how, investors should integrate biodiversity into fixed income portfolios
One of the fundamental features of biodiversity is that it reaches into every part of our lives – and that means the impacts of biodiversity loss are felt across investment portfolios too. In our view there isn’t an asset class or sector that would not benefit from a close consideration of how those effects might change outcomes or affect financial returns.
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VideoMeet the Manager: Martin Todd
In the first of our new ‘Meet the Manager’ Q&A series, Martin Todd, Portfolio Manager, offers a peek behind his investment style and the strategy’s raison d’être; the key attributes he looks for in an investment, the secret behind the team’s strong dynamic, and how he got started in his career.
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White papersListening for the Quiet
The start of 2023 has hardly been calm for equity markets. In noisy environments like this, listening for the quiet is essential for managing portfolio risks and staying on track toward your portfolio objectives.
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VideoNeuberger Berman Private Markets: Q4 2022 Preliminary Valuation Summary & Analysis
(9:14) Doug Manor, Managing Director, Neuberger Berman Private Markets, provides an overview of private equity markets and an outlook based on trends in the marketplace.
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White papersA rocky net zero pathway calls for a new approach to portfolios
There’s a growing global consensus on the urgent need to combat climate change. But governments’ uncoordinated reactions to energy price spikes in the past year showed that a successful and orderly transition to a greener economy is far from guaranteed.
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White papersDon’t let the yield curve flatten your liability-driven investing (LDI) portfolio
The Treasury yield curve’s long end is unusually flat & may steepen. This may be favorable for many liability-driven investing (LDI) portfolios, for now. However, here’s why LDI curve positioning should be monitored over time.
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White papersLow volatility, the hidden factor
Robert Haugen, who discovered the low-volatility anomaly (low vol) in 1972, wrote numerous articles and books to try to popularise what he called the ‘hidden factor’. To some extent, it was only the advent of smart beta investment strategies that turned his dream into reality, as low vol is central to the smart beta approach.
