CPP, NBIM CEOs swap notes on leading through teams, not bureaucracy

John Graham (L) and Nicolai Tangen

In a high-level exchange between two of the world
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Why traditional investment committees can amplify group biases

Why traditional investment committees can amplify group biases

Investment committee meetings, a governance cornerstone at every asset owner organisation, run the risk of amplifying group biases and social dynamics, and can push the IC towards recommending more extreme investment positions collectively than the average of their individual views. Bernhard Scherer, head of portfolio implementation at ADIA, unpacks the thesis in a new paper.

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More investors mull outsourcing CIO

Last year, America Red Cross shut its investment office and handed over the keys of its $3 billion investment portfolio to Cambridge Associates. More pensions and endowments will do the same, argues new research from Cerulli Associates.

Geopolitics: risk or opportunity?

The challenge around geopolitical risk is determining how sustained or long-lasting any particular risk is. Angela Rodell, CEO of Alaska Permanent sees opportunity in having a view of the world.

Australia’s funds can do better

Australia's profit-for-member superannuation funds are leading the industry, but they could do better says Ian Silk, chief executive of AustralianSuper, the country's largest fund.

Does it pay to pay performance fees?

A new study finds no statistical evidence that returns of pension funds that pay performance fees for active investing are significantly higher or lower than the returns of pension funds that don't.

Industry inflection point on diversity

On International Women’s Day we spoke to Mass PRIM CIO, Michael Trotsky about diversity and inclusion. He was part of the CFA Institute’s diversity and inclusion project and believes the industry is at a perfect inflection point to make inroads into improving its score on diversity.

Why diversity is important at CalSTRS

On International Women’s Day CalSTRS’ CIO, Chris Ailman gives the industry some pointers on how to improve its score on diversity and inclusion. CalSTRS is a diversity leader and has gender parity in its investment team has been a leader on diversity.

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