Sort content by
Uncategorised posts

Building consensus for investment beliefs at CalPERS

An investment-beliefs workshop for the CalPERS board, held in April, revealed five areas, including active management, where the views of the board and staff lacked consensus. The contentious, or unsettled, topics for discussion were active management, private asset classes, sustainability (environmental, social and governance), investment performance targets and stakeholder considerations. At the board workshop, Janine […]
Amanda WhiteMay 10, 2013
Uncategorised posts

Breakfast with AQR’s Cliff Asness

Having a breakfast meeting with Cliff Asness is a wake-up call. He will let you know if you’re late – something he holds in very little regard. He admits he has to constantly remind himself that just because he’s 20 minutes early to everything that others are not automatically then 20 minutes late. Asness is […]
Amanda WhiteMarch 1, 2013
Uncategorised posts

Swiss investors on the hunt for alternatives

A company pension fund might not be the first place you would think of applying for a mortgage. According to Matthias Weber, a partner at Zurich consultancy ifund services, the issuance of mortgages by investors is likely to deepen as Swiss pension funds continue on their quest to find good alternative assets. Weber has just […]
Dan BillinghamJanuary 18, 2013
Investor Profile

Controlling strategy inhouse at UK coal scheme

Until a few years ago, every aspect of the investment strategy at the UK’s £20-billion ($32-billion) coal industry pension scheme was outsourced. The main inhouse task at the pension fund was benefit payment but now, in a fresh approach spearheaded by straight-talking 38-year old New Zealander, Stefan Dunatov, the new chief investment officer of the […]
Sarah RundellNovember 21, 2012
Investor Profile

USS powers into diversity

In the past few years the £34-billion ($54.7 billion) Universities Superannuation Scheme (USS) has substantially diversified its asset allocation, including a large alternatives allocation, and extended its investment team from 65 to 105. In the latest chapter of the fund’s investment department reincarnation, from October this year a separate but fully owned USS company, USS […]
Amanda WhiteOctober 31, 2012
Emerging Markets

Consultants advocate active EMD management

Consultants are recommending investors have as much as 10 per cent of their fixed-income portfolio in emerging markets debt with endowments, public pension funds and even some corporate clients using liability driven investment strategies showing increasing interest in the asset class. Top1000funds.com spoke to consultants from Callan Associates, Hewitt EnnisKnupp, Cambridge Associates and Russell Investments […]
SAM RILEYJuly 18, 2012
<9of10>