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FIS Toronto 2024

PGGM’s quest for cultural change

The world is changing so rapidly, traditional five-year investment plans are increasingly difficult to implement. Asset owners, head-down and concentrating on just the next five-years, risk “opening the curtains” to find the world around them has moved on much faster than they realised, said Geraldine Leegwater, CIO, PGGM.
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Why active investment is a zero sum game

Asset owners are increasingly under pressure to find alpha via active management because of declines in beta. Drawing on his research into active strategies at Norway’s Government Pension Fund Global, Maastricht University's Rob Bauer argues active doesn't pay.
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