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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Asset owners must flex muscle: panel

Representatives from CalPERS and Cbus Super joined academics in challenging large investors to do more for sustainable finance and outlining some practical ways to achieve this goal.

What leadership means now

We live in a time of nomadic professionalism, when leading effectively is less about standing out and more about having the courage to embrace many organisational cultures.

Change the conversation

Panellists discuss what drives transformational change, the obstacles asset owners face when instituting it in their culture or operating models – and the benefits of getting it right.

Holistic returns, not poker

Hermes chief executive tells fiduciary investors that success should include helping create a sustainable world; otherwise, they’d be better off investing people’s money in top poker players.

Digital value add: alpha from IT

A panel tells delegates that asset managers need to make the shift from using IT to support back-office functions to applying it in their fundamental investment decision-making.

European risk premium justified

There is a European risk premium investors can access, the executive director of the Fonds de Réserve pour les Retraites said at the opening of the Fiduciary Investors Symposium, at INSEAD.

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