Chaos at AIMCo as politicians take control

In a dramatic purge in a pension sector renowned f
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Asset Owner:AIMCo

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Inside the year-and-a-half-long review into ATP’s complicated portfolio

Inside the year-and-a-half-long review into ATP’s complicated portfolio

Danish pension giant Arbejdsmarkedets Tillægspension (ATP) has been urged to cull risk, establish formal portfolio benchmarks and reduce private markets exposures, according to an external review committee which handed down a 536-page report into the fund’s investment operations after an 18-month review. Following the release of the report by the board this week, co-author of the review Andrew Ang unpacks the findings with Top1000funds.com.

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Denmark’s PFA: Passive with a caveat and why an AI reset lies ahead

Kasper Lorenzen, chief investment officer of Denmark's PFA explains why passive is no longer applicable to the complex equity strategies that do much more than follow an index. He also explains why he believes an AI reset lies around the corner.

CFA’s guide to the whole framework on net-zero

Climate risk has certain features that stretch the imaginations and toolkits of investors, meaning a new framework that includes systems thinking is necessary to branch out from the narrow measurement and management of risk predicated on modern portfolio theory, says Roger Urwin.

LPPI’s Richard Tomlinson: Reflections of a sceptic

An environment of increased macro volatility and geopolitical risk means investors should question assumptions, move towards more narrative-based scenario thinking and build resilience says Richard Tomlinson, chief investment officer of LPPI.

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.

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