The pandemic has exposed harsh new equalities warns ITUC

The pandemic has exposed tragic fault lines and ne
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Computing power, not sanctions, the real lever over China: Kotkin

Computing power, not sanctions, the real lever over China: Kotkin

Computing power offers efficient leverage that Hoover Institution historian Stephen Kotkin argues the US has against China, with the US dominating world’s compute capacity at 75 to 80 per cent. In a keynote address to the Fiduciary Investors Symposium at Stanford University, Kotkin also examined how Nvidia's Jensen Huang could become the central actor reshaping that balance.

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CalPERS hunts for third pillar PE teams

CalPERS is conducting searches for outside partners to run its new Pillar III private equity program focused on venture capital investment in life sciences, technology and healthcare.

Disruption in demographic trends

Demographic trends will have a profound impact on pension funds’ investment returns, argued Patrick Zweifel, chief economist at Pictet Asset Management speaking at the Fiduciary Investors’ Symposium at Harvard University. He said ageing populations mean retirement ages need to rise and will see pension funds increase risk to stretch for returns.

The dangers of MMT: A counter argument

Look no further than the economic travails of Italy and Japan to see the perils of Modern Monetary Theory, MMT, said Sonal Desai, CIO, fixed income at Franklin Templeton. Speaking at the Fiduciary Investors’ Symposium at Harvard University, she countered the arguments of Stephanie Kelton, a leading MMT scholar at Stony Brook University and senior economic advisor to presidential candidate, Senator Bernie Sanders who espoused the virtues of MMT in a previous session MMT: A solution to broken policy?

FIS Harvard 2019 podcasts

The Fiduciary Investors Symposium at Harvard University brought together more than 85 asset owners from 20 countries to discuss globalisation, human capital, inequality, longevity, technology, medicine and ethics, and the role of institutional capital in creating real change in the world. We were joined by many distinguished speakers and have put together a podcast series of our favourite sessions.

Healthcare’s multiple opportunities

William Haseltine had a long career at Harvard Medical School, educating a generation of doctors, and designing the strategy to develop the first treatment for HIV/AIDS. He addressed the Fiduciary Investors Symposium about important topics in medicine and health development.

Threats to equity bond correlation

A full-blown trade war, and changes in monetary policy triggered by a loss of credibility in the Federal Reserve and other global policy institutions, could result in a return of the positive correlation between bonds and stocks, and investors need to be aware of the risk, warned Luis Viceira, George E. Bates Professor in the Finance Unit and Senior Associate Dean for Executive Education at Harvard Business School, at the Fiduciary Investors’ Symposium at Harvard University.

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