Operational excellence as critical as asset allocation for success

Asset allocation is often nominated as the most im
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TfL Pension Fund: A bespoke benchmark in Bridgewater mandate strikes gold

TfL Pension Fund: A bespoke benchmark in Bridgewater mandate strikes gold

Transport for London Pension Fund styled a bespoke benchmark to gold in its Pure Alpha mandate with Bridgewater. It has added hundreds of millions of pounds to the portfolio, says chief investment officer Padmesh Shukla. In a wide-ranging conversation, he also explains the rationale for reducing equity to just 18 per cent of the total fund and why emerging markets aren't offering the diversification or returns they used to.

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Investors position for climate alpha

At CalPERS the rationale for investing in the energy transition is as compelling as it was for technology investors in the early 1990s, but investors need to also be aware of the myriad of risks alongside the opportunities, making it ripe for active management.

Guardians of the Future: The evolution of New Zealand Super

New Zealand Super’s new chief executive Jo Townsend inherits an organisation with a strong culture but facing some challenges posed by rapid growth. An internal project aims to reduce complexity and focus on simplicity for a fund already rated by WTW as operating at global best practice levels.

Culture Club: CalPERS puts people first in talent reboot under new CIO

Only two months in and CalPERS' new CIO Stephen Gilmore has already made his mark, with plans to overhaul talent and culture in the investment office, meeting frequency and the number of strategic initiatives slashed and an increased focus on data and technology to improve efficiency and reduce risk.

Liquid asset: Investing in water is good for returns, good for the planet

Water is a finite and scarce commodity, and institutional asset owners have a big part to play in ensuring the long-term conservation and management of water resources – not only for their direct beneficiaries, but also for the long-term good of the planet and future generations.

Utah’s URS: Why fossil fuels and alt energy hold key to climate crisis

US public funds should stop wasting time on thinly veiled political activism, ditch ESG conferences and repurpose most of their sustainability staff, says URS’ CIO John Skjervem. Instead they should invest in proven energy investments and move from either/or to both/and which allows fossil fuels to jostle alongside alt energy.

Transition risks of net zero

The transition to net zero is well underway, but i Continue Reading A Top1000funds.com subscription unlocks the full article Join the global institutional investment platform read by the world's largest asset owners, fund managers and consultants. New here Create an account Complimentary to register. We'll verify your details and grant access to the archive, our

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