NZ Super pares back tilts
New Zealand Super has pulled back its strategic tilting positions for the first time. The fund now sees better opportunities for active risk in unlisted assets such as timber and distressed debt.
New Zealand Super has pulled back its strategic tilting positions for the first time. The fund now sees better opportunities for active risk in unlisted assets such as timber and distressed debt.
USS's COO Howard Brindle is one of the most experienced investment operations executives in the pension industry, he talks about business transformation and the importance of talent.
The $1.26 trillion GPIF fulfils stewardship duties by promoting engagement between its external asset managers and investee companies. Fund managers have stepped up their efforts in response.
The more political appointees and worker representatives sit on US pension fund boards, the more those funds will respond to incentives that encourage riskier investing, research has found.
Calls for a long-term investment focus have lacked a sophisticated metric to back them up – until now. The McKinsey Global Institute has found tangible benefits from shunning short-termism.
Steve Ross was a pioneer of fields such as asset pricing, investment management and corporate finance. His colleagues at MIT and Caltech regarded him as generous and kind.
Asset Allocation