Editor Pick #1

Mario Batali Is Sorry bit.ly/tNYG1k

Yahoo is searching for a future. It offers a spectacle that involves huge war chests and equally inflated egos econ.st/v49Op6

Speech by Philip Lowe, Assistant Governor, to Australian Farm Institute Agriculture Roundtable Conference, Melbourne –goo.gl/Rjs1U

An unemployment cartoon of the day (with giraffes): nyr.kr/sdG2MV

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Public equity manager challenges the case for private

Public equity manager challenges the case for private

Loomis Sayles’ Aziz Hamzaogullari has questioned whether asset allocators are giving private equity more credit than it is worth, saying the case for investing in PE rests on flawed return measurement, hidden risks and high fees and that public equities should be treated with the same “patience” that PE receives.

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Bridgewater urges investors to get real

Investors need to face the reality of lower returns and adjust their portfolios accordingly, the co-CIO of hedge-fund giant Bridgewater said.

Steps beyond carbon footprinting

Merely capturing carbon data doesn't do enough to inform asset owners about environmental risk but models and technology are emerging to do the job, the Smith School's Ben Caldecott explains.

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.

Call to ‘take a stand’ for workers

UNI Global Union general secretary Philip Jennings implored asset owners to use their influence to help the global workforce, for the sake of the economy, society and their supply chains.

White-collar roles not safe from AI

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.

The fix for ‘extractive capitalism’

In Western economies, the idea that if you contribute you get something back has died. Oxford’s Eric Beinhocker says the key to fixing things lies in the system’s ability to foster innovation.

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