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Investors shifted towards passive U.S. equities this year, but the commitment to active in other categories remains strong.
Asset allocation targets are expected to shift away from equities and towards fixed income and alternatives over the next three years.

European Insurance Companies Find Many Uses for ETFs

14 January 2015 By: Andrew McCollum
European insurance companies are adopting ETFs for a wide range of functions across their investment operations
European pension funds are adopting ETFs into their investment portfolios for both strategic purposes, like obtaining core investment exposures, and tactical tasks.
With the exception of several senior level job functions, total compensation increased by 3% or more across most job functions.
Compensation overall rose across all regions, the North East saw the largest increase in total compensation.
Use of “alternatives” continues to broaden as funds seek return and diversification benefits.
Average fees paid increased in all asset classes, likely driven by the move towards specialty product categories.
Total U.S. institutional assets increased for the fifth consecutive year, this year appreciating by approximately 16%.
Despite robust growth in institutional assets, institutional investors continue to face myriad challenges, ranging from challenged funding levels to market volatility to smaller, less experienced staffs.

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