Sort content by
News

Texas Teachers’ CIO questions TPA, DAA value-add

Chief investment officer of the $225 billion Teacher Retirement System of Texas Jase Auby has voiced reservations about the total portfolio approach, particularly regarding the robustness of its central feature, the top-down decision-making process. He also outlined why the fund doesn’t consider dynamic asset allocation a durable source of alpha.
Darcy SongFebruary 19, 2026
Asset Allocation

Swiss investor gets real

Publica, one of Switzerland’s largest investors, is reallocating assets away from government bonds into real assets as it dynamically adjusts asset allocation due to macro-economic instability.
Sarah RundellFebruary 24, 2016
Opinion

PFZW reformulates investment principles

PFZW, the €150 billion ($205 billion) Dutch pension fund for the health care industry, has created a new investment framework which is the result of an 18-month soul-searching journey under a project called “The White Sheet of Paper”. The framework will translate into policy and implementation steps starting from 2015. Jaap van Dam, PGGM´s chief […]
 August 8, 2014
Investor Profile

Mercer capitalises on manager research

Mercer’s chief investment officer, Russell Clarke, explains how manager research helps create the 200 building blocks of an investment operation that has grown from $20 million a few years ago to $124 billion today and which covers – uniquely – all elements along the fixed income curve.   Starting from scratch in 1996, Melbourne was […]
David RowleyAugust 6, 2014
<1of3>