The California Public Employees' Retirement System (CalPERS) today announced that active funds in its private equity program have added $24.2 billion in realized net gains to the Fund from 1990 to June 30, 2015, based on data from its newly operational Private Equity Accounting and Reporting Solution (PEARS).

Since the 2008 crisis, central banks have had a major influence on financial market trends. The Bank of Japan (BoJ) in particular has orchestrated a historic rally among Japanese equity markets since announcing its quantitative and qualitative easing strategy (QQE) at the end of 2012.

As a responsible investor, CNP Assurances has announced, on the occasion of the Novethic Annual Event and in the run-up to COP 21, the publication of the carbon footprint of its equity investments portfolio and its reduction target. It has also announced its decision to limit its holdings in businesses linked to thermal coal and plans to double the volume of its green investments by the end of 2017.

One of the key reasons which makes multi-asset investing attractive are the generally low yields. As a result of the global financial crisis, central banks around the world have lowered their key interest rates and engaged in unconventional easing measures. In this environment, many investors have put on some sort of a “liquidity trade” that tries to exploit the impact that abundant liquidity will have on future asset class returns.

According to Christophe Donay, Chief Strategist at Pictet Wealth Management, Bond yields are heading up. The rebound in equity markets since the beginning of October, looks largely played out, with further gains dependant on a turnaround in earnings forecasts. Yields on DM sovereign bonds are catching up with the wider market rally...