Cbus moving raft of assets in-house
Australia’s $34 billion pension fund for the construction industry is moving nearly half of its asset management in-house, starting with active equity and infrastructure.
Lower management fees and higher returns defined the latest selection process at the Swedish Fund Selection Agency in its latest awarding of active global equity mandates to 12 managers, its largest and most ambitious €20 billion ($23 billion) procurement so far.
Australia’s $34 billion pension fund for the construction industry is moving nearly half of its asset management in-house, starting with active equity and infrastructure.
An Oxford fellow in economics said computers’ upgrades in areas such as judgement and empathy would soon allow them to do many tasks now thought to be for humans only – even some clergy duties.
A new strategy reigns at the U. of Texas endowment, designed to help chief executive and CIO Britt Harris build on an already stellar reputation for adding talent and helping it thrive.
Brunel Pension Partnership is starting its consolidation of 10 local government pension schemes into one mega fund. CIO Mark Mansley cites pragmatism and cost among the guiding objectives.
Ontario Teachers must pay well to attract talent for in-house management, but its results are worth it. The fund's ways of linking remuneration to performance hold lessons for the world.
When the £16 billion BBC Pension Scheme started moving away from active listed strategies, it was time to rethink its interactions with external managers, starting with a few key questions.
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