The importance of board education

Managing a pension system is a complicated task th
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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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Challenges for Germany’s pension funds

Opportunities exist to improve portfolio efficiency among Germany’s pension funds, but it will create additional governance requirements. The conservatism of the portfolios is seemingly more difficult to move and reflects the higher degree of comfort required by German investors. Head of investments in Germany for Willis Towers Watson argues it is important to note that the short-term comfort this may provide may well come at a long-term cost.

CalPERS wrestles governance change

CalPERS is poised to reduce the number of investment committee meetings, and the size of the committee, as it strives to boost returns.

Diversity means embracing whole identity

Why even good inclusion and diversity policies will miss their mark unless corporates have a better understanding of their employees.

A roadmap for career adaptability

The second in a series of articles by the CFA Institute outlines a roadmap on how investment professionals can navigate the accelerating change and disruption affecting the investment industry.

How to spot an authentic leader

The investment industry needs authentic leaders: what do they look like? Rob Lake argues for a new form of leadership that is intensely human and can stimulate more innovation and creativity in work.

Now is the time to professionalise

In this second contribution from the CFA Institute on finance professionals, CEO of CFA Societies Australia, Lisa Carroll, discusses the reform needed in that market.

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