The Latest
FIS Amsterdam

PFZW: new beliefs
for a new world

The €140-billion ($191-billion) Dutch pension fund PFZW is in the midst of completely rethinking its investment philosophy, Jaap van Dam, managing director of PGGM, told the Fiduciary Investors Symposium in Amsterdam. PGGM manages the investments of PFZW and has traditionally guided them. Van Dam explains that ownership of the investment strategy is to shift decidedly […]
WPF Risk Summit

Innovating investment beliefs

The concept of investment beliefs is the basis for strategic management and, while widely used in other parts of the world, is “innovative” from a US perspective, Allan Emkin, managing director of Pension Consulting Alliance, says. In a session at the Risk Summit, convened by World Pension Forum and Conexus Financial, publisher of www.top1000funds.com, Emkin […]
Analysis

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 […]
News

CalPERS’ sustainability initiative drives investment beliefs

Launched this week, CalPERS’ Sustainable Investment Research Initiative (SIRI) will drive the development the $250-billion fund’s first set of investment beliefs. While difficult to believe a fund of its size, reach and history could invest without a set of investment beliefs, it is encouraging to see that sustainability will be a core part of that […]
<2of2>