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    Impact investing’s case for scale

    Impact investing’s case for scale

    Impact investing has come a long way in the past two decades, going from a niche strategy to a $1.5 trillion industry, but there are still challenges for it to reach institutional scale due to the lack of products and insufficient evidence of outperformance in some parts of the market.

    How CIOs are building portfolios for an unpredictable world

    How CIOs are building portfolios for an unpredictable world

    As opposing macroeconomic and geopolitical forces collide, chief investment officers at leading pension funds say that trying to predict the future is a “loser’s game”. The question today is no longer what comes next, but how to build a portfolio that holds together in any investment regime.

    Assault on universities fracturing the ‘social compact’ behind US growth

    Assault on universities fracturing the ‘social compact’ behind US growth

    The breakdown of a decades-old bargain between the US government and its research universities threatens the engine that has driven American productivity and economic growth since the end of World War II, the Top1000funds.com Fiduciary Investors Symposium at Harvard heard.

    TPA to usher in clearer accountability at CalPERS

    TPA to usher in clearer accountability at CalPERS

    CalPERS chief investment officer Stephen Gilmore said the $650 billion fund’s upcoming shift to a total portfolio approach will sharpen investment accountability and help it focus capital allocation decisions on fund-level objectives.