
Capital market assumptions: Expectations for the next 10 years in a new regime
By Jeffrey Palma, head of multi-asset solutions and John Muth, macro
strategist at Cohen & Steers

By Jeffrey Palma, head of multi-asset solutions and John Muth, macro
strategist at Cohen & Steers
New global research from Aeon Investments, the London-based credit-focused investment company, finds just over a quarter (26 per cent) will dramatically increase allocations to illiquid assets, while 59 per cent of respondents will increase allocations slightly.
Goldman Sachs Asset Management has raised over USD200 million in its inaugural European Long Term Investment Fund, Private Markets ELTIF 2023.

Morningstar Indexes has conducted a survey of significant asset owners, with Thomas Kuh, Head of ESG Strategy for Morningstar Indexes, commenting on the investment insights that can be drawn from the findings. The survey revealed that the ongoing political campaign in the US to ‘cancel’ ESG investment approaches is among the issues on the minds of asset owners.
SEI has announced that SEI Investments (Europe) Limited (SIEL), its wholly-owned operating subsidiary in the United Kingdom, has entered into an option agreement to acquire the outstanding equity of XPS Pensions (Nexus) Limited, principal employer and scheme funder of the National Pensions Trust (NPT), from its parent company, XPS Pensions Group PLC (XPS).

Mike Carrodus, CEO of Substantive Research, a research analytics provider for the buy side, has commented on the Chancellor of the Exchequer’s speech at the Mansion House this week.

Since William Sharpe devised the single-factor model on which to base stock selection in 1963, factor-based investing has evolved to include more than 400 individual elements which may influence asset pricing.
A new asset owner survey conducted by the independent global investment consultancy, bfinance, has found that investors across the globe are grappling with cost management challenges amid persistent inflation, heightened ESG requirements and regulatory burdens. The Investors’ Costs and Fees report, dated July 2023, features data from nearly 200 asset owners (including pension funds, insurers, and endowments) in 22 countries.

Multi-managers are an established feature of the asset management scene having evolved over the last 15 years to become a useful tool in a portfolio diversified not only by asset class but by provider.

Asset managers hoping to influence the shape of European regulation which governs the marketing and distribution of sustainable funds have until 4 July to make their feelings clear.