Showing 21 - 30 of 219 entries
MSCI BlogCEO Pay: Trick or Treat?
Some large asset owners are increasingly coming to believe that many executive pay schemes don’t align the interests of CEOs and investors. There appears to be an increasing focus on pay plan simplicity and transparency.
Support Site VideoRising Interest Rates - Funding Consequences for Pensions
MSCI BlogAdam Smith’s “invisible hand” and the value of benchmarks
Today, there are indexes designed to represent the performance of a wide range of investment segments, including market capitalization, geography, industry and, most recently, factors. They also are used as the basis for financial products, such as exchange-traded funds or derivatives. Much like Adam Smith’s “invisible hand,” they play a critical, behind-the-scenes role, reflecting the entire market’s views on valuations, rather than those of any individual or group of individuals.
MSCI BlogREAL ESTATE: ALLOCATIONS AND INTEGRATING RISK
The classic 60:40 mix of stocks and bonds has shifted to a 40:40:20 mix of stocks, bonds and alternatives, according to the 2014 MSCI Asset Owner survey.
Support Site VideoMulti-Portfolio Attribution Across All Asset Classes, Strategies, Managers And Fund-Of-Funds
MSCI BlogHow Funds Are Positioned for a Low-Carbon Future
As the world moves toward a low-carbon future, companies of many stripes are adopting renewable and clean-energy technologies. That, of course, has implications for stocks and the portfolios that hold them. How can asset owners understand the carbon-transition risks in their portfolios?
MSCI BlogThe road toward a seamless global real estate portfolio
Two roads lead asset owners into real estate: the private (direct and indirect) ownership route and the public equity route. With private assets, investors can analyze performance in detail, down to the asset and vehicle level.
MSCI BlogUsing factors in international investing
Over the last decade, asset owners have implemented factor investment programs with a focus on domestic markets. Increasingly, they are also funding equity factor programs in international markets. Two catalysts are driving this trend. First, there has been a steady erosion in asset owners’ home biases, leading to more passive and active international mandates. Second, investment committees and boards of trustees have become more comfortable with using factors as a complement to core passive and traditional active allocations.
Research PaperMSCI Multi-Asset Class (MAC) Factor Model Validation
The MSCI Multi-Asset Class (MAC) Factor Model introduces several major advances in risk modeling, including systematic MAC strategy factors, a next-generation fixed income model, and improved equity models. This document demonstrates the value of the MSCI MAC Factor Model in forecasting risk, based on (1) visual inspection of the risk forecasts and realized returns, and (2) statistical tests. The MSCI MAC Factor Model is evaluated on an absolute (stand-alone) basis, and is also compared with...
Research PaperResearch Spotlight - Real Estate Home Bias - An Australian Case Study
The erosion of the real estate home bias: an australian case study in risk diversification. As an asset class, real estate investing typically has a high degree of home bias, especially when compared to equities and fixed interest. However, this real estate home bias is starting to erode, with asset owners in most countries already investing internationally or actively exploring the options for building offshore exposures. Some of these asset owners are motivated purely by pricing, but many...