Super, apart from the REST

Jo Townsend, the chief investment officer at REST
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Asset Owner:REST Super

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LPPI: Keeping AI risk in check

LPPI: Keeping AI risk in check

As the risk of an AI bubble grows, LPPI's Richard Tomlinson reflects on how the LGPS pool manages and measures AI exposure. In an interview with Top1000funds.com, he also explains how he has been moulding the fund's investment structure to be fit for a post-LGPS reform future.

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Texas Teachers revamps AA, adds leverage

The board of the $154 billion Teacher Retirement System of Texas has approved changes to its strategic asset allocation as a result of its latest five-year study, increasing its allocation to private markets, risk parity and introducing leverage.

South Carolina ramps up PE

The $31.3 billion South Carolina Retirement System Investment Commission has launched a co-investment private equity program in a bid to reduce risk and enhance returns. Partnering with Chicago-headquartered GCM Grosvenor, RSIC will tap Grosvenor’s own private equity deal flow, as well as introductions to the manager’s GP network.

Danish fund cuts managers for better ESG

The €9.5 billion DanishPædagogernes Pension, PBU, is in the process of consolidating the number of managers in its listed equity portfolio. The decision at the fund - which has around 10 large, focused equity mandates - is linked to an ambition to reduce the number of companies in the portfolio in the belief that fewer companies in the 42 per cent actively-managed equity allocation allows greater ESG oversight.

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.

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