Capital ventures forth … cautiously
Everyone likes venture capital. It’s one of the feel-good asset types that fiduciary investors can believe makes a difference to society. Unfortunately, for the past 10 years it has also, on average, lost money.
Everyone likes venture capital. It’s one of the feel-good asset types that fiduciary investors can believe makes a difference to society. Unfortunately, for the past 10 years it has also, on average, lost money.
Climate change could slash as much as 10 per cent off portfolios in the next 20 years, according to Mercer’s much-anticipated climate change report, the result of an 18-month collaboration with 14 institutional investors from around the globe.
CalSTRS will employ a new way of evaluating portfolio risk which overlays risk across asset classes, rather than replacing asset classes with risk categories, and introduces six broad risk factors.
A say-on-pay vote every three years is preferable to an annual vote that could lead to a focus on short-term objectives, according to the $100 million Ontario Teachers’ Pension Plan in its annual letter to more than 650 public companies around the world.
Everyone is mesmerised by the Asian growth story. The emerging middle classes, hundreds of millions of new consumers and, not the least, high fees for funds management services.
While claims the Dodd-Frank Act will make the derivatives market prohibitively expensive could be seen as a case of sour grapes from a market unregulated until now, a committee reviewing the Act has asserted that end-users of derivatives, including pension funds, will bear the brunt of the new laws.
FIS Singapore 2026