Gideon Smith: Fundamentals and the golden age for quants

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CalPERS’ private markets chief: TPA won’t disrupt PE commitment pacing

CalPERS’ private markets chief: TPA won’t disrupt PE commitment pacing

Anton Orlich, CalPERS' newly minted deputy chief investment officer for private markets, says the fund’s July adoption of the total portfolio approach will not impede the private equity strategy launched in 2022, arguing that short-term relative-value calls made under TPA would be expressed in liquid markets and not by oscillating commitments to private markets. In an interview with Top1000funds.com, Orlich unpacks the asset class’s four-year transformation.

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Investors cluster around AI SDG platform

A growing number of influential asset owners have expressed interest in a new sustainable development investment (SDI) Asset Owner Investor Platform launched by Dutch funds APG and PGGM. The AI-driven technology sifts through reams of structured and unstructured data to gauge the extent to which companies’ products and activities meet the UN’s Sustainable Development Goals.

Remaking markets one portfolio at a time

This week SASB and Bloomberg launched some new indexes -  Bloomberg SASB ESG equity index for US large cap equity, and the Bloomberg SASB ESG fixed income index for investment-grade corporate bonds - to help investors track companies and create sustainable, long-term value in a way that supports their fiduciary responsibilities. Director of capital markets policy and outreach at SASB,  Janine Guillot explains.

Is factor investing still working?

A large number of long-only multi-factor strategies have performed disappointingly over the past three years. Some have called into question the usefulness of solutions based on factor diversification but recent research by EDHEC suggests this doesn’t hold up against an even remotely serious investigation.

The evolving role of culture

This article by Roger Urwin, looks at how culture, as a topic within the investment industry, has evolved and ideas as to how culture can play a bigger and better part in the industry going forward.

SWFs play important role in Arctic

Sovereign wealth funds can play an important role in investing sustainably in the Arctic region, and warding off the impact of a looming natural disaster, according to the IMF's Udaibir Das.

Future Fund searches for VC managers

Australia’s sovereign wealth fund is looking to partner with top managers to find value in the rapidly-changing venture capital market but warned that the intense competition for assets makes closing deals difficult.

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