A coming of age

Today marks the relaunch of our publication with a new look and added features. I’m sure you’ll agree our amazing team of graphic and web designers have done a stellar job. While we have a new look, you can be assured we are not only maintaining, but honing, our fierce passion and dedication to advancing institutional investment best practice and will continue to tackle the issues we believe the industry needs to overcome to operate efficiently and serve its various constituents fairly and justly – particularly the workers whose money they manage. We aim to courageously challenge the industry on fees and value, investment transparency and complexity; governance, agency problems, decision making and organisational change; and importantly, ethics, integrity and systemic risks.

Our editorial will continue to showcase best practice, highlighting good news stories through case studies and in-depth interviews with chief investment officers and heads of pension funds, sovereign wealth funds and endowments.

In addition to original stories and editorials, our relaunch includes more voices in our publication and next year you will hear from some of the leading thinkers in our industry including academics, chief investment officers and consultants.

The new look conexust1f.flywheelstaging.com also marks a closer unity with our event series, the Fiduciary Investors Symposium.

This event, held twice a year, brings together global investors to examine the management of fiduciary assets looking at asset allocation, risk management, beta management and alpha generation.

It has become recognised as an event that challenges the influence and responsibility of fiduciary capital and explores the evolution in fiduciary investment management.

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As institutional investors grow in asset size and power, bring more investments in house and demand more of their service providers, it is essential that they are equipped with contemporary thinking and technology. The event, and the subsequent stories we write from the excellent presentations, aim to arm investors with tools to do their jobs better.

The event series is hosted at leading educational institutions – including in the past Harvard, Oxford and Chicago Booth – and draws on some of the world’s leading investment thinkers.

The next event will be at King’s College, Cambridge University from April 10–12, 2016 and will enable institutional investors to engage with industry thought leaders in academia and practice in a collegiate environment that promotes shared discussion. Managing assets as a fiduciary comes with a complex range of responsibilities and commitments. This conference examines the holistic approach to fiduciary investing and how fiduciary management has evolved, including the wider responsibilities of long-term investors in stabilising financial markets, social welfare and environmental management.

Thank you for your support and we hope you enjoy the new publication.

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Over the industry? Change it

The pension and funds management industry is self-serving. There are too many players, there’s too much jargon, too much leakage and too much patting each other on the back. And that’s not just my opinion: the results of a 12-month research project, across 60 countries and more than 3000 investors concur. The research by State

Bit of a bubble in the property pool

In a landmark project, the £11-billion ($17.5-billion) Greater Manchester Pension Fund (GMPF), a scheme for 10 local councils and hundreds of small regional employers including schools and charities, will invest in a series of residential housing projects with local authorities. Lauded as a completely new way of funding house building in the city, Manchester council

Inversion therapy:
the investor as benchmark

The pension and funds management industry needs to redefine performance to an absolute return measure, according to The Influential Investor: How Investor Behaviour is Redefining Performance, a paper that is the result of 12 months of research with more than 3000 investors and investment providers across 68 countries. The report, which sought to uncover the

Will Christmas be the final blow for Spain’s Social Security Reserve Fund?

The Spanish Social Security Reserve Fund is set to be depleted by another €7 billion ($9.05 billion) before the end of 2012, according to IESE Business School pension expert, Javier Diaz Gimenez. The $90-billion fund has already been asked by the government for $3.8 billion, which is likely to go towards a raise in state

Fiduciaries’ top concern is US gridlock

Endowments and foundations in the United States are more concerned with the US political and fiscal gridlock than the uncertainty caused by the European debt crisis, according to a survey of non-profit organisations by Mercer Hammond. Partner at Mercer Hammond, Russ LaMore, says the US situation dominated the global macroeconomic concerns of these investors, followed

UK’s NAPF conference focuses on three issues

The agenda at the United Kingdom’s National Association of Pension Funds (NAPF) annual shindig in Liverpool’s Echo Arena on the banks of the Mersey couldn’t have been broader. From early analysis of auto-enrolment, the biggest shake-up of the industry in a generation and just days old, to life expectancy, Britain’s role in the European Union,

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