Stiglitz: No global recovery without equal access to vaccines

Celebrated economist Joseph Stiglitz, University P
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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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ESG obligations a recipe for disaster

Hardly a day goes by without some communication on ESG investing. It seems everyone is getting on the bandwagon. But peers that Paul Bevin speaks to have concerns that virtue may come at a price.

G20 investor group wants reform

Convincing policymakers to reform laws around infrastructure, carbon emissions and other aspects of long-term, sustainable economic growth may not be easy but a G20 group has started the dialogue.

New economy needs big public sector

Widgets are on the wane and disruption is the new normal, creating a need for a larger public sector with more market power, according to the former US Treasury Secretary, Larry Summers.

CalSTRS CIO backs long-haul investment

The investment community’s obsession with short-term earnings is detrimental but convincing investors to back the slow, patient money is a tough sell, according to the CIO of one of the largest US pension funds, Chris Ailman, speaking at the annual SASB conference.

Climate disclosure a bumpy road

Implementing the recommendations of the Task Force on Climate-related Financial Disclosures is challenging, fortunately some investors are paving the way, a PRI climate conference heard.

Musing towards a more hopeful AI future

Predictions about artificial intelligence are often dire prophecies of humanity inventing the agent of its own demise or obsolescence. But if we consider that human cognitive powers might actually grow in response to the advancement of AI, the potential outcomes become less threatening.