Norway’s GPFG argues the case for private equity – again

One of the most famous attractions in Norway, Pulpit Rock.

Norges Bank Investment Management, investment mana
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CalPERS, La Caisse raise the bar for active managers

CalPERS, La Caisse raise the bar for active managers

CalPERS may have doubled the fees it pays for active management in public equities, but the alpha it generates has quadrupled, says global equity head Simiso Nzima, who has spent three years pruning a roster of nearly 100 managers down to a tightly scored handful. La Caisse's Mario Therrien describes a parallel discipline, using external managers not just for returns but as a "window to the world" on emerging strategies, from quant investing to AI.

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COVID-19 hits retirement system adequacy

COVID-19 has exacerbated retirement insecurity and governments need to use this as an opportunity to examine their system inadequacies and make improvements according to David Knox, partner at Mercer and author of the annual Mercer CFA Institute Global Pension index which measures adequacy, sustainability and integrity of 39 retirement systems.

Verification essential for more impact

A new impact investing verification, which uses the same level of rigor that institutional investors approach the due diligence of fund managers, promises to unlock capital flows into impact and build the necessary scale with integrity needed to address the urgent social, environmental, and economic challenges.

Economic future very precarious: IMF

The global macro-economic future remains precarious amongst huge uncertainties according to the head of the capital markets department at the IMF, Tobias Adrian, who warns of fragilities including the disconnection between the real economy and financial markets, and growing debt, as potential interruption to future growth.

Exploring big ideas with Marisa Hall

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New Zealand Super adds climate alpha

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Back VC to solve inequalities: Ming

Pension funds around the globe should be putting their high-risk capital towards supporting venture funds that have a track record of seeing value in people, according to Vivienne Ming, Silicon Valley technologist, entrepreneur and theoretical neuroscientist. Ming believes that AI can be used to solve poverty, mental health, inequality and even predict who will spread COVID-19. She says technology can make all of our lives better.

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