Dynamic Investment Strategies for Corporate Pension Funds in the Presence of Sponsor Risk

 This publication, produced as part of the BNP Paribas Investment Partners research chair on asset-liability management and institutional investment management at EDHEC-Risk Institute, shows that sophisticated dynamic allocation strategies can usefully be implemented by pension funds. One of the key findings of the paper is to show that imposing a cap on the funding ratio, in addition to a floor, has a positive impact on both pensioners and bondholders, while only having a minor negative effect on equity value

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Principles for the Regulation of Exchange Traded Funds - IOSCO

The International Organization of Securities Commissions (IOSCO) Consultation Report titled “Principles for the Regulation of Exchange Traded Funds” (CR05/12, March 2012) was prepared by IOSCO Technical Committee Standing Committee on Investment Management (TCSC5).
The report presents what it describes as “proposed common investor-protection principles or guidelines on Exchange Traded Funds (ETFs)” and “touches on certain market structure and financial stability issues.”

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Please click here to read EDHEC-Risk Institute comments of the paper

Platinum Metals Review - July 2012

The Platinum Metals Review - July 2012

A quarterly journal of research on the science and technology of the platinum

group metals and developments in their application in industry

is now available. Please click here to download

Global Financial Markets - Working Papers on

A Belke, A Freytag, J Keil… - 2012

Abstract: Monetary policy rules have been considered as fundamental protection against
inflation. However, empirical evidence for a correlation between rules and inflation is
relatively weak..

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FT Adviser : Morning paper

Morning papers: Bleak jobs outlook raises heat on the Fed...

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Pension Research Council YouTube channel

Pension Research Council posted several videos  to the Pension Research Council YouTube channel on the following subjects:  

• The 2012 Pension Research Council Symposium, "The Market for Retirement Financial Advice" 
• The 2012 Pension Research Council Special Forum, "Saving Pensions: What can the US and UK Learn from Each Other?"

Check it out!