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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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Japan PM Kishida’s blueprint for asset owners met with cool response

Japanese Prime Minister Fumio Kishida's ambitious strategy to reinvigorate the country’s $5 trillion asset management industry encounters a cool response from domestic corporate pension funds. Stakeholders express reluctance, citing uncertainties and a perceived lack of instant benefits as government panels form to craft the reform plans.

Future Fund CIO rejects ‘macho, Darwinian’ investing culture

In his first public comments since being named chief investment officer of Australia’s sovereign wealth fund in August, Ben Samild has said fostering a team culture of “purpose and joy” is among his top priorities.

Meeting multiple objectives: The pension fund addressing mental health

With the right governance models pension funds can play a role in broader societal issues, such as mental health in the workplace, while still delivering financial security for members. A unique “democratic governance structure” at the Danish Velliv Association allows it to manage multiple objectives, chief executive Lars Wallberg said.

Unprecedented challenges in a world of plenty

Renowned geopolitics professor Stephen Kotkin remains an “unbelievable optimist about where the world is,” despite the ever-present potential for catastrophe and unprecedented challenges from climate change, geopolitical power dynamics, artificial intelligence and other technological developments.

Don’t Dream It’s Over: Whineray leaves NZ Super

When CEO of New Zealand Super Matt Whineray joined the fund in 2008 there were 40 employees, NZ$14.7 billion in assets which was all outsourced and the investment committee consisted of “anyone who wanted to attend”. When Whineray leaves on December 8 he’s leaving a very different organisation.

Products and services, not operations, key to assessing ESG

Global asset management firm Robeco has differentiated its ESG assessment methodology to give a more accurate picture of the impact investors have on sustainable development goals (SDGs), according to Rachel Whittaker, the firm’s head of sustainable investment research.

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