No surfing safari for HIERS in Hawaii
CIO of Hawaii’s largest pension fund has his work cut out to return the $14.1 billion Employees’ Retirement System back to the black. Vijoy Chattergy spoke about plans to crisis-proof HIERS.
CIO of Hawaii’s largest pension fund has his work cut out to return the $14.1 billion Employees’ Retirement System back to the black. Vijoy Chattergy spoke about plans to crisis-proof HIERS.
One of Canada’s largest pension funds, PSP Investments, is addressing low growth and low returns by pursuing platforms and private debt in the race to create new investment opportunities.
'Youngster’ Warren Buffett (85) rebuffed risks from sugar and climate change as he toured the American economy with his ‘older’ offsider, Charlie Munger (92), presenting at the Berkshire Hathaway AGM .
Warren Buffett says although outstanding managers are invaluable, the net result of hiring professional management is a minus. “More money is made in Wall Street through salesmanship than investment ability”.
Now responsible for implementation of the Church of England’s Ethical Investment Advisory Group recommendations, Edward Mason has only just begun to push the church’s brand of responsible investment and increasingly bold ethical purpose.
The Fund for Foundations’ new strategy relies on strong manager selection with increased equity allocation and diversification. The fund is hiring managers in equities and hedge funds.
Asset Allocation