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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Real investors properly align interests

A good investor must be proactive in determining the fee structure and legal terms in a fund’s documents. Funds that fail to get interests properly aligned on such issues will pay a price.

Cbus CIO duo talk secrets of success

The CIO role of the Australian construction industry fund, Cbus Super is shared. Here we examine the success of that partnership and the fund's plan to bring up to 20 per cent of assets inhouse.

South Dakota pension’s long view

At the South Dakota Investment Council, the quest for value has led to long-term strategies, contrarian moves in real estate and debt, plus a focus on hiring and retaining young, local talent.

Digital value add: alpha from IT

A panel tells delegates that asset managers need to make the shift from using IT to support back-office functions to applying it in their fundamental investment decision-making.

Time to make value judgements

Keith Ambachtsheer says net value added for members, not absolute cost, is the way to evaluate funds, and points to a report from Australia’s Productivity Commission as a sensible blueprint.

A leader inside and out

UniSuper CIO John Pearce has put together an internal team that consistently delivers top-ranked returns. Here, he discusses his investment philosophy and reveals a dominant theme for 2017.

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