October 03, 2011
According to a recent Pensions & Investments article, institutional investors are focusing on their own specific plan needs and moving away from peer group comparisons as recent market volatility and political dynamics have caused pension funds to look in new directions for higher returns, says John Garibaldi, managing director and head of J.P. Morgan’s institutional advisory and sales group. In the article, published Sept. 28, 2011, Mr. Garibaldi notes that behavioral changes over the past few years have caused institutional clients to want tailored, customized plans with money being allocated "in ways we haven’t seen before." While no institutions are abandoning strategies of the past, incremental dollars are being funneled into areas such as emerging markets debt and equity, and private equity, he says.