Alex Antic: Data science across finance, academia and government

I chat with Alex on his experiences across a range of environments, the role of machine learning in Australia’s future and how to best deploy data science in academia and industry.

Nothing on this podcast is to be considered investment advice or a recommendation. No investment decision or activity should be undertaken without first seeking qualified and professional advice.

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Michael Pettis on China’s overinvestment paradox, and the Japan-style reckoning still to come

Michael Pettis on China’s overinvestment paradox, and the Japan-style reckoning still to come

China's advanced infrastructure and ballooning debt are two sides of the same story, says Carnegie Endowment nonresident senior fellow Michael Pettis, who compares China's coming consumption-led rebalancing to Japan's in the 1980s. In conversation with Top1000funds.com Asia Pacific correspondent Darcy Song, Pettis unpacks what this means for institutional investors weighing China exposure over multi-decade horizons, and why he remains bearish on the country's outlook.

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Lepelmeier: interest rates ruin German strategy

German institutional investors face an urgent need to reconsider their bond-heavy investment strategies, argues Dirk Lepelmeier, a former investment head at one of the country’s largest pension funds. Herr Prof Dr Dirk Lepelmeier, to use his appropriate German titles, would rather be addressed as Dirk. That might be of no surprise to many, but it

The Finnish line: Varma tackles low interest

The scourge of low interest rates looks likely to be confronting investors for at least a little longer after Washington’s budgetary shenanigans delayed the Federal Reserve’s plans to taper quantitative easing. Over in the more sedate surroundings of Helsinki, this is keeping the pressure on the investment policy of Varma, a €36-billion ($49-billion) Finnish pension

2013 Nobel Prize in economics split three ways

There is no way to predict whether the price of stocks and bonds will go up or down over the next few days or weeks. However, it is quite possible to foresee the broad course of the prices of these assets over longer time periods, such as the next three-to-five years. These findings, which may

ATP: experiments with alpha and beta

“There is very little pure alpha” said Henrik Jepsen, chief investment officer of ATP, at the Fiduciary Investors Symposium in Amsterdam when reflecting on the giant Danish fund’s experiences with the return class. The DKK 624-billion ($114-billion) ATP decided to merge the alpha and beta platforms of its investment portfolio earlier this year. This wound

Copper: Where is the bottom?

For years metals such as aluminium, zinc and nickel have been persistently oversupplied. The copper market, in contrast, has been much tighter, primarily because China needs to import the metal but is largely selfsufficient in other metals. This has seen copper trade at a premium to other base metals and be recognised as a good

New NAPF chair to build trust in UK pensions

New chairman Ruston Smith’s inaugural speech at the United Kingdom’s National Association of Pension Fund annual conference in Manchester focused on building trust in the pensions industry. Talking about the need to create “pensions people trust to deliver a decent income, pensions people trust to be there when they retire and pensions people trust not

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