Welcome to the FIS Digital – November 2021 content hub

Bringing together investors from all over the world the event will examine what the institutional investor’s portfolio of the future will look like given the large and varied challenges that investors face.

With the ongoing disruption of the COVID pandemic combined with uncertainty around inflation, correlations, volatility and a low yield environment, it is harder than ever to be an investor.

Through case studies the event will examine how investors can build robust portfolios to meet changing investment regimes and what the role of alternatives might be as the 60:40 portfolio dwindles as a viable portfolio construction premise.

It will look at how investors incorporate mega themes driving their portfolios including renewables and net zero ambitions, geopolitics and China, technology, healthcare and demographics.

Importantly it will challenge investors to think about what needs to change, and hasn’t yet, and how the crisis can be a catalyst for new and improved business practices and investment allocations.

You can view the full program here.

The event content hub brings together all the session videos, stories, whitepapers and background reading related to the Fiduciary Investors Symposium November 2021 program. You can search content by media type and by session themes. We hope you enjoy our coverage of these important issues facing institutional investors.

articleSustainability

Investing in the backbone of the future energy system

Power prices will not fall to zero in a world of renewables and renewable energy generation ebbs and flows require smoothing and investment in new technologies according to experts on renewable energy. Gas will be in the system longer as a bridge fuel, and investors should also explore opportunities in construction-ready or operational fixed-price renewable […]
articleFIS Digital - November 2021

ADIA overhauls investment technology to tap alpha

The Abu Dhabi Investment Authority is introducing more technology in its own internal processes and is determined to become a more active - and reactive - investor. The fund’s decision to invest more in its own in-house technology came with the realisation that a slow down in its capacity to generate alpha was linked to a lack of investment in big data and AI.
articleFIS Digital - November 2021

Investors reap direct to consumer boom

A company's ability to sell direct-to-consumer, cloud computing and digitisation in payments are key areas for investors to focus. Investors should invest in companies that have a business model aligned to how people want to buy goods and prepare for a separation whereby companies with the technology to adapt streak ahead.
PaperFIS Digital - November 2021

The technology metamorphosis

As investors, we constantly ask ourselves what the next drivers of growth will be, where they will be located, and who will benefit. Globally, growth is being driven by businesses that are using new technology and technology concepts to differentiate their offerings, deepen and broaden their customer base, and boost bottom lines.
articleInvestor Profile

65% record return for Washington Uni endowment

America’s university endowments are reporting blistering returns thanks to soaring equity markets and their large venture allocations. Washington University’s managed endowment pool is an outstanding performer, returning a whopping net 65 per cent for the fiscal year 2020-21 and nearly doubling its size to $15.3 billion. CIO Scott Wilson explains how they did it.
Session recordingFIS Digital - November 2021

Portfolios of the future

This session drew on themes of the conference and discuss with asset owners what the portfolios of the future will look like, particularly examining how investors plan to build robust portfolios to meet changing investment regimes.
articleInvestor Profile

NEST challenges private equity fees

UK pension scheme NEST’s first foray into private equity offers hope for investors looking beyond standard operating models in the asset class. The £20 billion defined contribution fund, currently sifting through 60-odd procurement responses to allocate more than £1 billion at the beginning of next year, is quietly confident it will be able to hammer out a deal with GPs to make the expensive asset class known for 2:20 fees affordable.
PaperFIS Digital - November 2021

Office sector headwinds and opportunities

Office landlords have been heavily impacted by the pandemic and now face uncertainty as tenants evaluate their needs in hybrid working environments. Senior Analyst Alec Overby reviews the current state of the sector, including the changing work-from-home landscape, our outlook over the near and long term, as well as how we see valuations and potential […]
PaperFIS Digital - November 2021

Real estate and inflation

Evan Serton, Senior Portfolio Specialist, discusses real estate properties’ historical relationship to inflation, the fundamental drivers behind real estate’s inflation sensitivity, and how REIT share prices respond to rising rates.
PaperFIS Digital - November 2021

The Big Book of Trends and Thematic Investing

Trends and thematic investment strategies have enjoyed quite some popularity over the past few years. This can largely be explained by their attractive narrative and – in some cases – good short-term investment results. Yet, not all trends and thematic strategies are born equal. Some offerings are clearly better than others. Just a good story is not enough.
articleInvestor Profile

Maryland’s record year prompts actuarial rate reduction

Maryland State Retirement  and Pension System is the latest fund to record an historical performance for the 2021 financial year, returning a best ever 26.7 per cent. Again public and private equities were the star performers with an exceptional 51.85 per cent return in private equity and 44.54 per cent in public equities  But in recognition there might be a bill to pay for those higher returns in the future the fund has lowered its actuarial rate of return.
articleInvestor Profile

CalPERS’ new asset allocation to take on more risk

The largest pension fund in the United States, the $469 billion CalPERS, is in the middle of an asset liability modelling exercise to set a new asset allocation by June 2022. Chief executive Marcie Frost says it’s the most significant decision the board makes with regard to the investment portfolio and that achieving a return target of 6.8 per will require “pushing everyone’s risk appetite”.
articleInvestor Profile

CalPERS reduces equities universe

In the first story of an exclusive series examining investment portfolio innovation at CalPERS, Amanda White looks at the global equities portfolio where the universe of stocks was recently halved.
articleTechnology

APG positions for a digital future

APG, the biggest pension provider in Europe, is positioning itself as a digital pioneer with investment in the large-scale use of data, workflow automation and digital analytical platforms. A leader in funds management, most notably sustainability, it is once again a frontrunner by embracing technology.
articleInvestor Profile

Indiana’s new asset allocation

Indiana PRS’ five-year asset liability study has resulted in a newly approved target rate of return that CIO Scott Davis dubs one of the most realistic in the country, and a radically different asset allocation. Next on the agenda is a research project examining the fund’s sources of alpha which could have big implications for how it works with managers.