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Future Fund sees EM shifts widening alpha opportunities; CEO to depart

Future Fund sees EM shifts widening alpha opportunities; CEO to depart

Australia’s Future Fund has highlighted strong performance in global equities, particularly in Japan and emerging markets, as a key return driver for its last reporting period. Despite increased concentration in EM indexes, new CIO Richard Brandweiner said it could lead to more alpha opportunities. Meanwhile, CEO Raphael Arndt said the time has come for a “fresh leader” to steer the fund as he prepares to close out a close to two-decade tenure with the $255 billion investor.

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Private market investors ponder transition investment

Investors putting capital to work in private market transition assets face unknowns around government policy, but the Fiduciary Investors Symposium at Oxford has heard that private credit also fits well with the long term nature of transition investments and brings valuable relationships with investee companies.

Why investing in biodiversity champions pays

Delegates at the Fiduciary Investors Symposium, Oxford University heard how an allocation to biodiversity champions, without any tech exposure, only slightly trails the MSCI World in a reflection of how it is possible for investors to make money in biodiversity solutions.

Biodiversity: Regeneration set to become big investment theme in future

Regeneration will become a key investment theme in the future according to multiple biodiversity themes, according to Gabriel Micheli, senior investment manager, thematic equities, Pictet Asset Management.

Investors balance net zero with fiduciary duty and climate scepticism

A panel session at the Fiduciary Investors Symposium at Oxford discusses how the absence of policy is making net zero investment more challenging. Asset owners have to work hard to explain to beneficiaries why net zero targets give a better risk adjusted return.

Geopolitics: US retrenches to focus on one potential war

Leading global affairs scholar Stephen Kotkin explains why the US is retreating from its role as global policeman with profound implications for the world and warned that the rising number of regional conflicts bears comparisons with the 1930s. “It’s only after it happens that it becomes obvious,” he said.

‘Opportunity to lose a lot of money’ in net zero investments

Allocating capital to net zero opportunities doesn’t mean investors are prepared to do charity. In a universe of potential transition solutions, Battcock Professor of Environmental Economics Cameron Hepburn at the Smith School of Enterprise and the Environment, University of Oxford said investors should look at them with some filters.

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