by Chris Flynn | Sep 8, 2018 | Research
Real estate is a significant element in the portfolios of large European institutional investors, with allocations making up as much as 10 percent of the average portfolio. The purported benefits of the inclusion of real estate in institutional investor portfolios are...
by Chris Flynn, Tej Dosanjh, John Simmonds, Franco Wang | Sep 8, 2018 | Research
Institutional asset owners across the world, encouraged by regulators, are increasingly interested in ‘hidden’ transaction costs – costs incurred in trading securities before returns are calculated. For Defined Benefit pension plans, every £ taken in cost needs to be...
by Alexander D. Beath, Chris Flynn, Rotman International Journal of Pension Management | Apr 8, 2014 | Research
This article describes a study that analyzed the private equity performance and costs of large pension funds. Using data from the CEM Benchmarking Inc. (CEM) database, we establish that implementation style affects net performance: internal management outperforms...
