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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The collective brain

The Future Fund knows exactly where its leadership team’s cognitive strengths, and weaknesses, lie. Does your fund?

Alignment of interest

The mechanism for sharing risks via fees in the pension industry is weak, says Fiona Trafford-Walker. Asset-based fees don't reflect managers’ ability, and clients don't get enough of the benefit of scale.

Cost disclosure overhaul

Investors should adopt the ILPA standardised fee reporting template for private equity, say Mike Heale and Andrea Dang from CEM Benchmarking

We don’t have to be friends

“I don’t have to like you, we don’t have to be friends,” says Chris Ailman, chief investment officer of CalSTRS.

Understanding the cost of investment management

Across the institutional investment community, dis Continue Reading Access the full content on Top1000funds.com Join the global institutional investment platform read by the world's largest asset owners, fund managers and consultants. New here Create an account Complimentary to register. We'll verify your details and grant access to the archive, our newsletters and the Asset Owner

NZ Super: on a higher plain

Self-reliance on asset allocation and employing a Continue Reading Access the full content on Top1000funds.com Join the global institutional investment platform read by the world's largest asset owners, fund managers and consultants. New here Create an account Complimentary to register. We'll verify your details and grant access to the archive, our newsletters and the Asset Owner

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