CalPERS wrestles governance change
CalPERS is poised to reduce the number of investment committee meetings, and the size of the committee, as it strives to boost returns.
CalPERS is poised to reduce the number of investment committee meetings, and the size of the committee, as it strives to boost returns.
The output of a decision-making process is more than just a decision, which is even more good reason to work hard at getting that process right.
Academics Gordon Clark and Ashby Monk have created 11 metrics that focus on meaningful and useful predictors of long-term performance. It’s a boon for investors struggling with the problem of appropriate measures for investing for the long term, a horizon where traditional benchmarks don’t always fit.
The much-awaited final report for the Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry made seven recommendations relating to superannuation.
It’s a VUCA world (volatile, uncertain, complex and ambiguous). In such times, it’s especially important for investors to have guiding principles. The Thinking Ahead Group provides a handful of key themes to manage in the year ahead.
The C$60 billion ($48 billion) Investment Management Corporation of Ontario, the latest kid on the block in Canada’s pension scene, is planning its asset allocation 2.0, which will involve more private and direct investments, more internalisation and lower costs. Amanda White spoke to chief executive Bert Clark and chief investment officer Jean Michel.
Governance