The pace of change in AI models poses a significant challenge to the due diligence frameworks employed by asset owners, whose own ability to adapt is being outstripped by the technological advancements they’re being asked to assess.
In his first public comments since being named chief investment officer of Australia’s sovereign wealth fund in August, Ben Samild has said fostering a team culture of “purpose and joy” is among his top priorities.
The numbers behind CalPERS hunt for a new CIO: 55 applicants so far; a $300,000 budget to secure a candidate; and a process of candidates submitting to 40-odd checks including credit checks and social media history.
Restructuring its internal processes has reshaped ADIA’s investment approach and highlights opportunities in active investment ahead.
APG and PSP Investments told investors at the Fiduciary Investors Symposium that unless they embrace technology and innovate, their licence to operate will be under threat. They explain how and why they are embracing technology in all aspects of their investment process and operations.
The Teacher Retirement System of Texas is already using AI in its giant equity portfolio and in real estate and venture. In a recent board meeting, CIO Jase Auby and MD Mohan Balachandran explain how the technology will shape returns, investment opportunities and differentiate the fund.
Like all good long-term relationships, external fund manager partnerships should be steeped in trust, open dialogue, patience and new ideas. Mario Therrien, head of funds at CDPQ explains the key to external partnership success and the important role external managers play in plugging knowledge gaps.
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