Cbus moving raft of assets in-house
Australia’s $34 billion pension fund for the construction industry is moving nearly half of its asset management in-house, starting with active equity and infrastructure.
Australia’s $34 billion pension fund for the construction industry is moving nearly half of its asset management in-house, starting with active equity and infrastructure.
UNI Global Union general secretary Philip Jennings implored asset owners to use their influence to help the global workforce, for the sake of the economy, society and their supply chains.
An Oxford fellow in economics said computers’ upgrades in areas such as judgement and empathy would soon allow them to do many tasks now thought to be for humans only – even some clergy duties.
In Western economies, the idea that if you contribute you get something back has died. Oxford’s Eric Beinhocker says the key to fixing things lies in the system’s ability to foster innovation.
Renewable energy sources are thriving as a long-term asset class, thanks to consumer demand from corporations, emerging technology and other factors. A panel of experts explained the appeal.
The CIO of the $4.3 billion fund manager argued in a panel discussion that an excess of capital in the market and lack of access to top general partners have hurt the asset class.