Investment committee meetings, a governance cornerstone at every asset owner organisation, run the risk of amplifying group biases and social dynamics, and can push the IC towards recommending more extreme investment positions collectively than the average of their individual views. Bernhard Scherer, head of portfolio implementation at ADIA, unpacks the thesis in a new paper.
The CFA Institute's Future of Work in Investment Management report reveals the changes investment organisations are likely to make as they reassess the context of careers, work, and the culture of organizations, both in the near term and in the next five to 10 years. The report's author Rebecca Fender explains the key lessons.
As more asset owners and managers commit to net-zero strategies, Roger Urwin outlines the challenges for investors including these additional tasks adding to the already stretched asset owner governance budgets.
In October 2020 AIMCo, the C$118 billion Canadian fund appointed its first chief investment strategy officer splitting the investment function between the top down strategy and bottom up implementation responsibilities. Amanda White talks to Amit Prakash about how the new function will add valuable investment insights to clients.
The CalPERS board will make a decision next week on whether to include a long-term incentive compensation element as part of an incoming CIO’s remuneration package, something that the fund's chief executive, Marcie Frost, said is a contributing factor to the fund putting its search for a new investment head on hold.
The Global Pension Transparency Benchmark has revealed the need for serious improvement in pension transparency across the globe.
Transparency is an important link in improving pension delivery, and the Global Pension Transparency Benchmark will help lift transparency standards and ultimately trust in pension institutions, according to its advisory board.
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Governance