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Governance

Dismantling DEI: Investors weigh the risks

Six months on from President Trump's executive order to dismantle once mainstream DEI programs, institutional investors reflect on concerns regarding returns, recruitment and engagement. Top1000funds.com surveys a variety of views amongst the disruption arguing it is an opportunity to reframe the issue and articulate what DEI means.
Investor Profile

How Swiss PUBLICA integrates climate risk

PUBLICA, one of the largest pension funds in Switzerland, has built a bespoke equity benchmark to reduce climate risk. It's not the consequence of any target to reduce emissions in the portfolio or wider ESG legislation. Senior portfolio manager Frederik von Ameln explains the process behind the strategy.
Investor Profile

Maryland’s record year prompts actuarial rate reduction

Maryland State Retirement  and Pension System is the latest fund to record an historical performance for the 2021 financial year, returning a best ever 26.7 per cent. Again public and private equities were the star performers with an exceptional 51.85 per cent return in private equity and 44.54 per cent in public equities  But in recognition there might be a bill to pay for those higher returns in the future the fund has lowered its actuarial rate of return.
Uncategorised posts

Tough 2020 for Canadian funds: Aon

Now that we’re in the midst of 2020, it might be easy for investors to forget how big a turnaround 2019 actually was for financial markets. One way to look at it is through the Aon Median Solvency Ratio, a quarterly survey that gauges the financial health of an important slice of the institutional investor community, Canadian defined benefit pension plans. Erwan Pirou, Canada CIO for Aon asks whether markets – and, by extension, pension plan solvency – can stage a repeat performance in 2020.
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