Temasek lifts China exposure by $7.7b, commits to doubling AI bet

Singaporean sovereign wealth fund Temasek saw its
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Asset Owner:Temasek Holdings

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LACERA braces for lower expected returns across portfolio ahead of SAA review

LACERA braces for lower expected returns across portfolio ahead of SAA review

The $94 billion LACERA has been warned that expected returns across major asset classes in its portfolio will shrink over the long-term as it gears up for an asset allocation review in 2027. In a recent board meeting, chief investment officer Jonathan Grabel highlighted several investment dynamics the fund is keeping an eye on.

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AIMCo sheds more costs with NYC, Singapore offices the latest casualties

The C$169 billion Alberta Investment Management Corporation has shut its Singapore and New York offices and sacked high-profile investment staff as part of a “strategic re-alignment of resources” under the leadership of former Canadian prime minister and now chair of AIMCo Stephen Harper.

ML forecasts trump analyst coverage over long horizons: Research

Machine learning forecasts of corporate earnings outperform analyst forecasts, by revealing new information, economically important predictors and capturing non-linear relationships. Investors can use ML models as a less-biased forecast and a decision-making tool for when there is a vacuum of analyst coverage, an award-winning research paper has found. 

US, Australia the fastest growers as global pension assets hit $59 trillion

US and Australia have the fastest growth in pension assets among the world’s seven largest markets, as defined contribution-dominated countries helped push global pension assets to $58.5 trillion by the end of 2024.

AP2 finds gender diversity takes backward steps at Swedish corporates

The proportion of female board members overseeing listed Swedish companies has edged downwards in the past year, currently back to 2022 levels. AP2's Female Representation Index finds some way to go until companies reach the goal of 40 per cent women on the boards.

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