Early adopters to nature related disclosure nut out challenges

Norges Bank Investment Management, manager of Norw
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Letter to the Editor: TPA’s benefits are real, and accessible

Letter to the Editor: TPA’s benefits are real, and accessible

In a Letter to the Editor, Stefano Cavaglia and Donald Raymond argue the reported performance gains using TPA are not only plausible but that TPA-like strategies, such as applying an optimizing total portfolio overlay, can provide significant benefits without massive governance changes.

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Liquidity: too little or too much can harm your portfolio

The rising popularity of private assets has made liquidity risk a growing concern for institutional investors, who need to carry enough liquidity for possible downturns, but avoid the opportunity cost of carrying too much, says Michelle Teng, vice president of the Institutional Advisory and Solutions group at PGIM.

ADIA overhauls investment technology to tap alpha

The Abu Dhabi Investment Authority is introducing more technology in its own internal processes and is determined to become a more active - and reactive - investor. The fund’s decision to invest more in its own in-house technology came with the realisation that a slow down in its capacity to generate alpha was linked to a lack of investment in big data and AI.

CalPERS gets ready to settle discount rate and SAA

At US pension fund CalPERS' board meeting next week, the investment team hope to settle on a new discount rate and begin structuring a strategic asset allocation to support it. Leverage will be a key component of the fund's new approach.

Mega trend opportunity for active investors

Investing in mega trends like technology, demographics and sustainability involves abandoning the benchmark in the ultimate active portfolio.

Tokenisation is the greatest disruptor ahead

Blockchain technology will open up illiquid assets, like real estate, to new investors in what could be the greatest disruption ahead. Franklin Templeton's Jenny Johnson explains how the asset manager is ensuring it taps the new opportunity.

Bridgewater eyes end to US equity outperformance and FX volatility ahead

Don't expect another decade of outperformance from US equity while inflation, fuelled by a demand shock, is set to spike foreign exchange volatility impacting total portfolio returns, warned Rebecca Patterson, director of investment research, Bridgewater Associates speaking at FIS Digital 2021.

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