Down with alpha: Investors increase risk management focus

Rachel Dalton looks at figures on pension funds’ changing approach to investment risk

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More than 80% of institutional investors expect risk management to play a larger role in their investment decision process in future, with less emphasis on chasing alpha, a study shows.

Research from BNY Mellon and economist Harry Markowitz finds that over the next five years more than eight in ten institutional investors such as pension funds will focus more on risk management, w...

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