Research Insights
Asset Allocation, Cost of Investing and Performance of European DB Pension Funds: The Impact of Real Estate
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...
Transaction Costs Amongst Large Asset Owners
Institutional asset owners across the world, encouraged by regulators, are increasingly interested in ‘hidden’ transaction costs – costs incurred in trading...
Hedge Fund Reality Check 2018
Pension funds need investment strategies with attractive risk and return characteristics to fund their liabilities. Hedge funds are increasingly popular...
Funded Status and Investment Policy
The financial crisis resulted in severe declines in the funded status of most U.S. corporate pension funds resulting in almost universal pension deficits....
Defined Contribution plans have come a long way!
CEM has been collecting data on DB and DC plans since 1991 and 1997, respectively. As calculated in our 2006 study, DB funds outperformed DC plans from...
Hedge Fund Reality Check 2016
Pension funds need investment strategies with attractive risk and return characteristics to fund their liabilities. Hedge funds are increasingly popular...