Institutional Investor Asset Management in a Low Return-High Risk World
by Dr. Eliot Kalter
Dr. Eliot Kalter’s Presentation at Americas Government Funds Roundtable, 13-14 September, 2012
Table of Contents:
I. Global Economic and Financial Environment
– Lower economic growth, larger risks and low returns on “safe”assets
– Deepening opportunities in emerging and frontier markets
II. Global State of Institutional Investors, 2007-2011
– Resumption of AUM growth after financial crisis
– Pressures to perform in the face of low returns/high risk environment
III. Asset Management in Low Return/High Risk World
IV. A Closer Look at Asset Class Performance and the Value of Diversification
– The Search for yield and reduced risks
– Diversification to alternative assets, emerging/frontier markets and cash
V. Shift in Asset Allocation Strategy Across Institutional Investors
VI. Conclusion and Information about Sovereign Wealth Fund Initiative