Day Two wrap
Managing director of China Investment Corporation, Hua Fan, and quantitative portfolio manager at CalPERS, Ho Ho, were among the highlights of day two at the Fiduciary Investors Symposium in Beijing.
Managing director of China Investment Corporation, Hua Fan, and quantitative portfolio manager at CalPERS, Ho Ho, were among the highlights of day two at the Fiduciary Investors Symposium in Beijing.
The week was greeted by a rare visible sunrise in Beijing this Monday morning, as institutional investors from 17 countries with combined assets of $3 trillion gathered in the city for the Fiduciary Investors Symposium hosted by top1000funds.com.
There is an over-abundance of literature about the failure of traditional asset allocation models, and the need for a new alternative that will solve all the world’s problems. But a new model by Morgan Stanley Alternative Investment Partners caught my cynicism by surprise this week.
The pay levels, amount of in-house investment activity and governance structure of the $83 billion Washington State Investment Board (WSIB) may be under review following a rigorous debate that included a presentation to the board by KPA Advisory’s Keith Ambachtsheer.
The $35.7 billion Healthcare of Ontario Pension Plan (HOOPP) will split its chief investment officer function in two following the appointment of Jim Keohane to president and chief executive and the retirement of John Crocker.
The market is reflecting a high state of systemic risk and turbulence, and investors should adjust their allocation to growth assets accordingly, says Lucas Turton, chief investment strategist of Windham Capital Management.
FIS Beijing 2011