Browsing: real assets

Posts Tagged ‘ real assets ’

Striking the Right Balance: Investing in Real Assets

Apr 11th, 2019 | Filed under: Newly Added, Infrastructure, The A.I. Industry, Liquid and Fixed Income Real Estate, Natural Resources and Land, Operationally Intensive Real Assets, Real Assets

In creating the real assets portion of a portfolio, investors should consider several risk factors, such as the sensitivity of certain assets to inflation, interest rate changes (duration risk), or the continued availability of finance (illiquidity risk). In a recent publication, Mercer, the world’s largest institutional investment advisor, explains howRead More


A Preqin Prequel? 

Nov 5th, 2018 | Filed under: Newly Added, What about beta?, The A.I. Industry, Industry Size & Managers, Private Investments, Real Assets, Allocating to A.I.

By Bill Kelly, CEO, CAIA Association In the world of cinema, by most accounts, it is The Godfather Part II that holds the top spot for best movie prequel. Interestingly, by design and title, it is also a sequel. Sequels at the box office are often panned but this production wasRead More


The Realities of Real Assets

Apr 3rd, 2018 | Filed under: Newly Added, Real Estate, Liquid and Fixed Income Real Estate, Real Estate Equity Investments, Real Assets

A London-headquartered specialist consultant, bFinance, has prepared a report on the trends that have emerged over the last decade in the way both investors and managers think about the real assets in portfolios. There are, the paper says, three trends at work. First, investors are becoming both more sophisticated andRead More


KPMG’s Report Cards on Real Assets

Jan 23rd, 2018 | Filed under: Newly Added, Real Estate, Infrastructure, Liquid and Fixed Income Real Estate, Institutional Investing, Natural Resources and Land, Operationally Intensive Real Assets, Institutional Asset Management, Real Estate Equity Investments, Real Assets

KPMG has posted a new paper looking at the role of real assets (defined as “anything where there is a tangible/physical asset being traded”) within a portfolio, with a focus on opportunities for U.K. based institutional investors, especially pension schemes. It begins with a brief survey of the field. RealRead More


Around the World with a Timberland Outlook

Dec 7th, 2017 | Filed under: Newly Added, Natural Resources and Land, Real Assets, SRI and Clean Energy

New Forests, an Australia-based investment manager focusing on strategies in forestry, land management, and conservation, has published its 2017 Timberland Investment Outlook. This paper begins with the observation that institutional investment in timberland now amounts to more than $100 billion. This makes it still a “relatively small” asset class, butRead More


A Critique of the Listed Infrastructure Sector

Jul 18th, 2017 | Filed under: Newly Added, Operationally Intensive Real Assets, Real Assets

A new study by EDHECinfra (EDHEC’s infrastructure institute based in Singapore), has a striking point of view on the whole “listed infrastructure” sector, which it says is based on the “fallacy of composition.” In economics and in logic, the term “fallacy of composition” refers to the general prejudice that ifRead More


Some Granularity on the Mexican Pension Industry

Apr 4th, 2017 | Filed under: Newly Added, Operationally Intensive Real Assets, Institutional Asset Management, Real Assets, Allocating to A.I.

BlackRock has published a research report about pension funds in Mexico, a report produced as part of its broader research project looking into the state of the pension fund industry around the globe.  It shows that the cause of alternatrive investments as a group is the cause of diversification forRead More


Infrastructure, Dividends and Path Dependence

Apr 21st, 2016 | Filed under: Newly Added, Infrastructure, Operationally Intensive Real Assets, Real Assets

A new paper from EDHEC Infrastructure Institute-Singapore argues that infrastructure firms represent a unique business model, one with lower revenue volatility, higher payouts, and substantially lower correlation with the business cycle than other firms. An “infrastructure firm” for purposes of this discussion is either a special purpose vehicle created inRead More


An Overview of Real Asset Investing

Aug 26th, 2015 | Filed under: Real Estate, Private Equity, Infrastructure, Risk management, Intellectual Property

Guest columnist Andrew Smith, CAIA, provides an overview of real assets and their commensurate risks and rewards.Read More