Become a member and subscribe Login

The importance of board education

Art Alfaro

February 03, 2020

Managing a pension system is a complicated task th
Continue Reading

A Top1000funds.com subscription unlocks the full article

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 Directory (enhanced features coming soon).
Register now
Already a member

Sign in

Already activated your account? Sign in to continue reading and access your saved articles, preferences and member-only content.
Asset owners get permanent complimentary access. Learn more about memberships

,

Leave a Comment

More from this fund

CalPERS’ private markets chief: TPA won’t disrupt PE commitment pacing

Darcy Song

August 20, 2026

Lesson learned: How allocators can turn investment experience into a value-creation edge

Darcy Song

August 20, 2026

An announcement from the editor

Amanda White

August 19, 2026

LPPI: Keeping AI risk in check

Sarah Rundell

August 18, 2026

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.

Darcy Song

July 06, 2026

NY Common joins allocator push on company AI transparency

Darcy Song

April 17, 2026

Proxy voting: Trump tightens the screws, but sole reliance on proxies rare

Sarah Rundell

January 08, 2026

Minnesota overhauls governance as CIO gets more mandate power

Darcy Song

October 23, 2025

Asset managers can’t have it both ways on sustainability

Hugues Letourneau

August 07, 2025

Sort content by

CalPERS ups transparency

CalPERS has expanded its tracking of strategic metrics in its ongoing review of performance, which could lead to some tough queries making their way into online recordings of board sessions.

Simon Hoyle

July 28, 2017

Top funds’ strengths, challenges

A study of organisational behaviour at 15 of the world’s leading funds found best-practice ideas in risk management and sustainability, along with common challenges in areas such as diversity.

Amanda White

July 25, 2017

The governance-performance link

Academics at Switzerland’s University of St. Gallen find that governance is positively related to both excess and risk-adjusted net returns but only marginally related to funds’ asset choices.

Amanda White

July 11, 2017

Your guide to internal staffing levels

A CEM Benchmarking study finds that size, asset mix, investment style and complexity determine the level of front-office and back-office staff but external manager fees are the big expense.

Michael Reid and Alex Beath

June 26, 2017

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.

Bruce Cundick

May 11, 2017

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.

Dan Purves and Sally Rose

May 08, 2017

Previous
Load more

Fiduciary Investors Podcast Series

Listen to Podcast

Subscribe now to

Become a member and subscribe

Join Now

Top1000funds.com is the market leading news and analysis site for the world’s largest institutional investors. It focuses on leading the global investment industry to continuous improvement through case studies of best practice in governance and decision making, portfolio construction and efficient portfolio management, fees and costs, and sustainable investing.

The publication pushes the industry to question whether status quo processes and behaviours to tackle risks and opportunities will be sufficient in the future, and actively campaigns for diversity, sustainability, transparency, innovation and better alignment of fees in the investment industry.

Top1000funds.com is read by investment professionals in more than 40 countries.

Privacy Policy | Terms of Service | Cookie Policy | AI Editorial Policy