CalSTRS’ sustainability strategy: Net zero and investing in opportunities

CalSTRS has been integrating climate change into i
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ART property boss: Investors were wrong to think real estate was easy

ART property boss: Investors were wrong to think real estate was easy

Australian Retirement Trust real estate head Mark Lee says the COVID downturn exposed that treating real estate as an easy asset class was a crucial mistake from investors, and property is not just a “bond replacement with a slightly higher yield”. As the A$20 billion portfolio prepares to double in five years, Lee says future returns will depend increasingly on investors’ ability to “sweat the assets”.

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The impact of technology on investments

Harshal Chaudhari recently sidestepped from his role as company-wide CIO at IBM, looking after $150 billion in pension assets, to a new role as the tech giant’s chief analytics officer. He spoke to Top1000Funds about the strategy he ran at the pension fund, his wider thoughts on the global economy and the impact of technology on the investment world.

QSuper: standing out from the crowd

QSuper CIO, Brad Holzberger, has long stood out from his peers by loading up on long-term government bonds and even the recent sudden collapse of yields, as investors started pricing in slower growth, hasn’t deterred him from sticking with this asset class. The retiring CIO of one of Australia's largest funds about expectations.

ADIA boosts internal active fixed income

The $700 billion Abu Dhabi Investment Authority, ADIA, is boosting its internal fixed income capabilities and scaling up capacity to run active strategies in-house as it simplifies the portfolio to become more fleet-of-foot.

Finding risk: First State Super

A decade of ultra-low rates and mediocre growth does not mean that every year will yield low returns for investors, according to Damian Graham, the CIO of First State Super one of Australia's largest institutional investors. He talks about how to get enough risk in the portfolio.

Caisse Geneva’s approach to risk

The pension fund for the Swiss Canton of Geneva runs a fundamental investment strategy shaped around harvesting the premia. The fund's CIO, Gregoire Haenni, mindful of heightened risk in the equity allocation because of the late cycle.

Rediscovering FI at Nebraska

The $27 billion Nebraska Investment Council is conducting a deep dive into its fixed income portfolio, inviting up to 25 current and potential external managers to pitch their best ideas. The process begins by wiping any preconceived notions around the allocation’s role in the overall portfolio and justifying its place as if from scratch. It ends two years later with the issuing of mandates.

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