The REIT is run by Aussie billionaire Frank Lowy and family, renowned for their asset selection and operating smarts.
Some people may not agree entirely with my approach on asset class selection.
Portfolio risk can be reduced with proper asset class selection.
Armed with incriminating information, some funds may revisit past errors regarding matters such as asset allocation and manager selection.
FORBES: SEC Scrutiny of Pension Consultants: A Call To Action (February 28, 2004 )
Bundled services relationships where a single firm provides asset allocation, manager selection, performance reporting, custody and trading are fraught with dangers.
Instead, it pays to own a selection of asset classes and to sell off gains systematically, using the cash to buy assets that have fallen out of favor.
Many of the trustees we met boasted of the low fees their funds paid their investment consultants for supposedly objective investment advice regarding asset allocation and manager selection.
FORBES: The Long Overdue Florida Public Pension Clean-Up (November 21, 2007 )
The information and advice they have been providing regarding asset allocation, manager selection and performance has been tainted by undisclosed conflicts of interest, hidden financial arrangements and outright fraud.
FORBES: Murders and Pensions: The Need for Forensic Investigations (March 28, 2006 )
Our investigations have shown that no party exerts as great an influence on the overall success of a pension that a consultant who provides sound asset allocation, manager selection and other advice.
FORBES: SEC Scrutiny of Pension Consultants: A Call To Action (February 28, 2004 )
Consultants, who advise clients on asset allocation and manager selection, as well as educate their advisory clients on brokerage matters such as soft dollaring and commission recapture, are not required to be licensed as brokers or registered as investment advisors.
FORBES: Investment Consultants: It's Time to Clearly Define Their Role (June 1, 1995)
The talk includes long-term planning, creating an appropriate asset allocation, and the selection of low-cost index funds and ETFs.
Pension consultants: Pay-to-play schemes where the objectivity of the advice the consultant is providing regarding asset allocation, money manager selection and brokerage is corrupted as a result of secret compensation schemes.
Investment consultants provide various services, such as investment policy development asset allocation analysis, asset liability modeling, investment manager search and selection, performance measurement and evaluation, and customized educational programs.
FORBES: Investment Consultants: It's Time to Clearly Define Their Role (June 1, 1995)
The other risk is that the fund invests in a selection of stocks that deviates from its asset allocation.
This typically begins with an asset allocation decision and then moves on to individual index fund selection.
Many committees choose to focus on asset allocation strategy and high level oversight and delegate the implementation and manager selection to an internal investment office or an outside advisor.
FORBES: CIO Outsourcing: Questions Investment Committees Need to Ask
应用推荐