An investment theme that incorporates all traditional businesses trying to exploit technology, including AI, is simply too broad. Focusing on AI alone leaves investors exposed to the uncertainty of future developments. In between is an…
CalPERS’ sustainable investment strategy is predicated on a belief it can generate outperformance by investing in climate solutions – with $100 billion to be allocated by 2030. Peter Cashion, managing investment director for sustainable…
Singapore's Temasek explains why it has a cautious approach to investment in China and highlights the growing size of its allocation to private markets.
Brightwell, the £37 billion new asset manager for the BT Pension Scheme, lays out why it is focusing on equality and natural capital in its first sustainability report.
New Mexico's oil fund is 10 per cent overweight cash and bonds relative to target in a reflection of the challenges CIO Vince Smith faces putting money to work. Equities are over valued and allocating to private markets takes time but…
A long-awaited review into Sweden's buffer funds suggests consolidation between the three Stockholm funds – AP1, AP3 and AP4 – stating that the advantages in terms of efficiency and scale outweigh the disadvantages of continued separation.
Seattle City's chief investment officer Jason Malinowski explains why he has embraced liability aware investment, why hedge funds and commodities are out, and why cash - not a risk-free asset for a long-term investor – is kept to a minimum.
A recent board meeting marked progress in turning around the fortunes of CalPERS private equity portfolio. Large co-investments and reducing the bias to buyout are reshaping the profile of investments, said portfolio manager Anton Orlich.
OTPP has re-imagined the office with its new downtown Toronto headquarters. George Konidis explains how the premises will help attract top talent and support a new kind of working and collaboration.
As AIMCo prepares to beef up its private credit team in New York, CIO Marlene Puffer explains how she plans to scale the allocation, as well as describing a new total portfolio approach to private markets, and the investor's new approach…
Brunel Pension Partnership has introduced AI in its stewardship processes, and is working with other asset owners to put more pressure on asset managers to align with its climate demands.
Opportunity in China, risk aversion in fixed income as spreads remain tight, and turning up the knob in private equity: Alaska Permanent Fund Corporation's Marcus Frampton talks latest strategy at the $82 billion fund.
The £26 billion ($33 billion) People’s Pension, one of the largest master trust workplace pensions in the UK and forecast to reach £50 billion assets under management in the next five years, is modelling itself on Australia's superfunds.
The investment committee at the $94 billion State Teachers Retirement System of Ohio (STRS Ohio) has narrowly voted to block bonuses to investment staff.
The travails of UK utility Thames Water highlights the importance of seeing infrastructure investment in the context of wider market or peer investments, rather than just focusing on the one asset.
The energy transition is happening; the only question is the pace at which it takes place. In assessing the investment opportunities, it helps to break the transition down into easily digestible segments. Top1000funds.com explores the…
Identifying best practice in pension management is not a straightforward task. As much as asset allocators may want there to be a definitive answer, differences in size, mandate and resources between different pension funds means an…
The financial services industry is well positioned to benefit from the “exponential upside” resulting from the use of AI, but its senior leaders are not bold enough in embracing and using AI, according to speakers at the Amundi World…
The key to implementing a successful total portfolio approach is not about creating complexities, but rather maintaining simplicity within the shared lexicon of an investment team, said two of the approach's most well-known adopters.
The Fiduciary Investors Symposium was held in May in Toronto. Conexus Institute executive director David Bell shares his reflections through the lens of a researcher focused on Australia’s superannuation system and a former pension fund…
Innovation comes from collaboration, not from building silos, the Fiduciary Investors Symposium has heard. Leading academic Redouane Elkamhi told the symposium the boards of pension funds should create structures that allow investment…
What was once too intense to be utilised by computing processes, reinforcement learning has become a viable tool for asset owners. John Hull, Maple Financial chair in derivatives and risk management at the Joseph L. Rotman School of…
Despite global pension markets’ varying levels of maturity, the goal of combining portfolio resilience with meeting fund objectives is the same, and it can be achieved through different manifestations of governance structures.
For asset owners to stay the course of a long-term investing view, not only do their investment teams need to be behind the objective, but also their board and external managers. Or investors might find themselves fighting an uphill battle…
The power of artificial intelligence to makes sense of huge volumes of data and produce real business gains has obvious appeal for asset owners. Working out how to apply the technology can be overwhelming, but the Fiduciary Investors…
AI is on every investor’s lips as a technology that will revolutionise businesses and industries. The Fiduciary Investors Symposium heard that looking past the hype to the tangible, on-the-ground benefits presents some genuine challenges…
The pace of development in artificial intelligence and machine learning is head-spinning. The Fiduciary Investors Symposium heard there are examples from the industrial past that serve as good indicators of how the new technology will be…
The foundations of the modern Canadian pension fund industry were laid decades ago, and organisations today continue to reap the benefits. The Fiduciary Investors Symposium in Toronto heard that the potential of the industry is immense,…
Much can be said about Canada’s so-called Maple 8 funds and their pension models, which have provided stellar learning materials for the rest of the world, but OMERS chief executive Blake Hutcheson questioned whether bundling them all…
A founding principle of the Canadian pension system is under attack. The Fiduciary Investors Symposium in Toronto heard from four individuals who have been instrumental into making the system what it is today that those principles are what…