STAFF WRITER

This new research from the Pensions Institute at the Cass Business School studies the effect of decentralised investment management, including the use of multiple competing managers in specialist asset classes, on the risk and performance of pension funds.

In this white paper by DB Climate Change Advisors, led by global head of climate change investment research Mark Fulton, the drivers of climate change for 2010 are examined in the context of strategic asset allocation.

This research examines the effect of tail risk, or extreme risk, on pension funds, concluding that all extreme scenarios have an immediate negative impact that can significantly jeopardise the smooth functioning of a pension scheme, probably as much as the other non-extreme risks.

Investment managers are more bullish about markets with US large cap growth the flavour of the moment, according to the latest Russell Investment Manager Outlook, which among other findings shows the percentage of surveyed managers rating the market as fairly valued at the highest level since March 2007.