As Finland's pension funds prepare to increase their equity allocations to unprecedented levels compared to global peers, they must also navigate a new and unfamiliar risk. Elo's chief investment officer Jonna Ryhänen explains the fund's investment approach going forward and how it will manage stakeholder and media scrutiny as they react to swinging volatility and returns.
France’s Banque des Territoires, a subsidiary of Caisse des Dépôts, the country’s €323 billion state-owned financial institution, plans to invest more in data centres in France. The push is in line with government policy to build out AI infrastructure off the back of the country's access to cheap, green, nuclear energy that uniquely positions France to provide power to the AI industry while maintaining net zero credentials.
Three decades of investing have given Monte Tarbox sharp eyes for recognising risk and opportunities, and he’s putting it to use as the new permanent chief investment officer of the $306 billion NYC Bureau of Asset Management. In an interview with Top1000funds.com, Tarbox outlines his vision for the fund, why he’s bullish on infrastructure but “nervous” on PE, and why he hasn’t drunk the TPA “Kool-Aid”.
Senior executives from some of the world's largest private market managers gathered in Berlin this month with a collective understanding: managers who move slowly on AI face not just weaker returns but the risk of owning businesses that have been competitively displaced before they can exit.
In 2013, on the sidelines of the Milken Conference at the Beverly Hilton, my friend and then-colleague Sean Scallan and I found ourselves in a seven-minute private conversation with Elon Musk. He was not yet the figure he is today. Tesla was struggling. SpaceX had launched but not yet proven itself. The idea of humans
As opposing macroeconomic and geopolitical forces collide, chief investment officers at leading pension funds say that trying to predict the future is a “loser’s game”. The question today is no longer what comes next, but how to build a portfolio that holds together in any investment regime.
The breakdown of a decades-old bargain between the US government and its research universities threatens the engine that has driven American productivity and economic growth since the end of World War II, the Top1000funds.com Fiduciary Investors Symposium at Harvard heard.
Top1000funds.com is the market leading news and analysis site for the world’s largest institutional investors. It focuses on leading the global investment industry to continuous improvement through case studies of best practice in governance and decision making, portfolio construction and efficient portfolio management, fees and costs, and sustainable investing.
The publication pushes the industry to question whether status quo processes and behaviours to tackle risks and opportunities will be sufficient in the future, and actively campaigns for diversity, sustainability, transparency, innovation and better alignment of fees in the investment industry.
Top1000funds.com is read by investment professionals in more than 40 countries.
Investor Profile