FIS Harvard 2025
Organisational Design
Change management in action: CalSTRS lays out how it’s integrating AI
In a recent board meeting, CalSTRS staff outlined how they are integrating AI into the investment process in line with its commitment to be an early adopter of the technology, including writing a set of generative AI policies and guidelines, conducting a cost-benefit analysis and identifying scalable use cases.
Sarah RundellJuly 29, 2025
Featured Story
Norway’s KLP drops defence groups because of weapon sales to Israel
As geopolitical uncertainty leaves many European pension funds exploring how to invest more in defence, Norway's KLP has just divested two listed defence companies for selling weapons to Israel because of human rights concerns in Gaza.
Sarah RundellJuly 22, 2025
Featured Story
UK investor group forms to highlight the importance of good governance
A group of UK pension funds have formed a new pressure group, the Governance for Growth Investor Campaign, to boost oversight of the companies in which they invest, warning that the British government’s sweeping overhaul of listing rules has watered down longstanding shareholder rights.
Sarah RundellJuly 22, 2025
Investor Profile
NBIM eyes Asia’s growth as global capital shifts east
The $1.8 trillion Norges Bank Investment Management marks the 15th anniversary of its Singapore office this year, with the unit now firmly established as its Asia-Pacific stronghold. As regional growth set to continue in the coming decade, NBIM is well-positioned to capitalise on it, says Singapore head Sumer Dewan.
Darcy SongJuly 17, 2025
Equities
Rebalancing at UTIMCO: Why investors should worry about corporate earnings
In a recent board meeting, University of Texas Investment Management Co's head Rich Hall explained why he is concerned about corporate earnings' impact on equity returns. He also warned that as consumer and company spending slows, a recession can become self-fulfilling until new facts emerge to break the pattern.
Sarah RundellJuly 16, 2025
Asset Allocation
CalPERS finds continuity in climate of uncertainty
Investors are grappling with a multi-regime change that is manifesting in trade and geopolitical upheaval and a rise in real interest rates. But at a recent meeting, the CalPERS board heard that US equities remain top performers and the dollar, though weaker, is still historically strong and wil remain so.
Sarah RundellJuly 15, 2025
Investor Profile
Finland’s Ilmarinen prepares to increase risk ahead of new pension rules
Ilmarinen, Finland’s €63 billion ($73 billion) pension insurer, is laying the ground to significantly increase its equity allocation ahead of new pension rules in the country. CIO Mikko Mursula is preparing for a sharp increase in volatility of annual returns and the enhanced role and importance of diversifying the portfolio.
Sarah RundellJuly 14, 2025