The latest
Editorial

Letter to the editor

Keith Ambachtsheer responds to an article on the negotiations by CalSTRS' outgoing chief executive, Jack Ehnes, to achieve fully funded status by 2046.
Investor Profile

Future Fund sceptical on correlations

The Future Fund, Australia’s A$226 billion sovereign wealth fund, has embarked on an ambitious project instigated during the crisis which includes re-examining its investment assumptions, risk tolerance and the way it allocates capital. Amanda White talks to the fund’s new CIO, Sue Brake about where the fund will be allocating in the future including alternatives and active management.
Sustainability

Impact takes centre stage at Bridgewater

The appointment of Karen Karniol-Tambour and Carsten Stendevad as co-CIOs of Bridgewater’s new sustainability business marks a major milestone in the hedge fund’s business, applying its deep research-driven systematic approach to a new set of problems. Amanda White speaks exclusively to the two CIOs.
Uncategorised posts

FIS event tackles debt, inflation, China

Investors all over the world are pondering the inflationary environment. Is inflation coming? Will it stick? What does it mean for investments? Is stagflation possible and how should portfolios be hedged? The Fiduciary Investors Symposium will take a deep dive into the inflationary expectations of investors and look to history as a guide on asset class performance during different inflationary regimes.
Sustainability

Honey, I shrunk the ESG alpha

Research conducted by Scientific Beta looks at the performance of ESG strategies and asks whether non-financial information in ESG scores offers additional performance benefits. The research finds that the effect of risk adjusting the performance of ESG strategies shrinks the apparent alpha to a level where none of the strategies delivers positive alpha.
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