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Investor Profile

Hermes taking over the world, one boutique at a time

Hermes Fund Managers, the investment management arm of the BT Pension Scheme in the UK, is following the charted territory of OMERS in Canada and QIC in Australia, and branching beyond the province of its principal client with the aim of being a funds manager for pension funds globally. Head of investment, Saker Nusseibeh, spoke […]
Investor Profile

USS gets strategic and explores global

Taking over from Peter Moon, chief investment officer of the £27 billion ($44 billion) Universities Superannuation Scheme, Roger Gray is the first new CIO at the fund in 17 years. He speaks with Amanda White about viewing the fund through fresh eyes and his ideas for staffing and investment developments.
Uncategorised posts

P8 told to cut developing world’s carbon

Gareth Thomas, Minister of State with the Department for International Development in the United Kingdom, has urged pension funds to help boost private funding for low carbon investments in the developing world, calling on the group of investors at the P8 Summit to consider potential public financing mechanisms emerging from the private sector, including advanced […]
Uncategorised posts

Joe Dear warns of “reform facade”

Chief investment officer of CalPERS, and chair of the Council of Institutional Investors, Joe Dear, has warned of a “reform facade” as memories of the crisis fade and resistance to reform instensifies, calling for a more comprehensive regulatory umbrella, and specifically for most over the counter derivatives to be traded on exchanges, in a speech […]
Sustainability

Deafeating short-termism: Why pension funds must lead

In the fall issue of the Rotman International Journal of Pension Management, Ed Waitzer, the Jarislowsky Dimma Mooney Chair in Corporate Governance at York University, Canada, argues the time has come for pension fund trustees and managers to lead rather than be dragged along. This article proposes a number of steps that can be taken […]
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