If you look at the MSCI Emerging Markets Index, the benchmark allocation of equity allocation among the almost-advanced economies, you see that Argentina is not even among the top 22 countries in this second-tier bunch.
These have now all been nationalised: not in the sense that they are part of government, rather, that we now seem to have one national system of equity capital allocation.
The euphoria many endowments have had for private equity resulted in the average endowment, pre-crisis, allocating 11.8% of assets to private equity, above the average allocation for all types of institutional investors, which stands at 8.8% today.
While he has been urging investors to ramp up their equity allocation to capture some of the potential upside, he has lately been telling clients to not neglect bonds, which he argues have continued to flash cautious signals.
People should have a constant equity allocation to provide growth regardless of age.
FORBES: A Fighter Pilot's View Of Age-Based Asset Allocation
The similarly sized Abu Dhabi Investment Authority has been cutting its equity allocation to the lower end of its target band of 40-55% of assets, and giving more to index-trackers and less to expensive active managers.
ECONOMIST: The flows are neither as big nor as scary as they once seemed
According to a new survey by Preqin, a research firm, 42% of the largest endowments are above their target allocation to private equity.
ECONOMIST: The buy-out barons say the worst is over. They would
The characteristics of an equity portfolio can be customized to complement an overall asset allocation strategy in meeting long-term return and risk objectives.
Its allocation for American equities dropped by seven percentage points, to 45% of its equity holdings, while its German share portfolio increased by six percentage points, to 11%.
Make a top-level asset allocation of 40% to short term, high quality bonds the balance to a diversified global equity portfolio of perhaps 10 to 12 asset classes.
FORBES: Do-It-Yourself Dividends From Total Return Investing
This is probably one of the most commonly presented charts by proponents of passive investing and even asset managers (equity mutual funds) who use static allocation, but manage actively inside that range.
According to a survey report released on Wednesday, 57% of responding endowments altered their private equity strategies as a result of the financial crisis by such things as reducing their allocation and future commitments.
应用推荐