Oregon’s OPERF charts progress in hedge fund overhaul

The $95.4 billion Oregon Investment Council has es
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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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Alpha at North Dakota: Tracking error key to portfolio construction

The $8 billion North Dakota Department of Trust Lands is rolling out a core-satellite approach to portfolio construction in a bid to control tracking errors. But CIO Frank Mihail explains that in some asset classes like infrastructure, the process is more complicated.

North Carolina opens the door to bitcoin but state treasurer remains wary

North Carolina state treasurer Brad Briner tells Top1000funds.com in an interview that bitcoin will need to be less volatile for it to attract state investment, and points to a longer-term worry in digital assets that could have “a profoundly negative implication for our country”.

Canada’s anti-greenwashing rule sparks far-reaching impact for pensions

Canadian pension giants are grappling with the complex consequences of a national anti-greenwashing rule, which could leave businesses more exposed to legal challenges for issuing environmental claims. CPPIB’s retreat from its net zero target is an indication that compliance anxiety is adding complexity and divergence in climate reporting among funds.

How NBIM spots portfolio managers’ biases using AI

Norges Bank Investment Management is using an internally developed engine powered by AI to monitor and measure its portfolio managers’ skills, aiming to improve efficiency of trades and decision making, and save costs. Head of Singapore and co-head of equity trading Sumer Dewan gives a run-down of the program.

AP3: TAA and why the market, not the media, is right about the US recovery

AP3 chief investment officer Jonas Thulin shows how AP3 has benefited from tactical asset allocation. He also argued that although the media is still reporting concerns about the US economy, the market is painting a healthier picture.

Real assets, public equity the key as Oregon PERS gets climate mandate

The US state of Oregon is on the cusp of passing a legislation that will require the $100 billion Oregon Public Employees Retirement System to invest in clean energy wherever possible as it aims for a net-zero portfolio by 2050.

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