Future Fund revamps equities
Australia’s sovereign wealth fund has revamped its equities portfolio to take on deliberate factor risk and target idiosyncratic risk. The fund’s head of equities, Björn Kvarnskog, explains.
NBIM prioritises trading efficiency, AI and culture in three-year plan
The largest investor in the world, Norges Bank Investment Management, is investing in AI to reduce costs, increase trading efficiency, and make better active decisions. The fund has set out its three-year strategy which also includes focusing on targeting managers with more flexibility to express negative views.
Sort content by
Factors trump skill: MSCI
MSCI research has shown that, among top-performing funds, more than half of active returns come from factors, rather than manager skill, and style factors have the biggest impact.
UK watchdog set to back pension mergers
The UK Financial Conduct Authority’s upcoming report is expected to call for consolidation in pension funds, tighter controls on active management fees and greater transparency.
Active? Only when necessary
High management margins and low returns will continue to push owners towards passive investments. But active managers can add value in asset classes that require special expertise or access.
Minnesota’s push into passive
A disillusionment with active has led Minnesota to double its passive allocation in public equities, a strategy that sits alongside a commitment to long-term investing in private markets.
German fund ÄVWL’s anti-cyclical ethos
Long-term investment in real estate, infrastructure and asset based lending, including financing ships and aircraft where traditional bank backers have fled, make up the German fund’s strategy.
Featured Story