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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Improving long-term performance

A confluence of recent research and the evolution in perspective of the Delaware courts presents an opportunity for companies and investors to systematically improve performance while reducing unwanted risk exposures. But investors must make the first move.

Axa gets behind tobacco-free portfolios

Axa divested from tobacco in 2016 making it one of the first global insurance companies to do so. It has taken that a step further and now doesn't insure tobacco companies. Amanda White speaks to the chair of Axa, Denis Duverne, on why this is a natural part of the company’s strategy.

SWFs get creative in infrastructure

SWFs are struggling to source deals in infrastructure as the demand is much stronger than the supply, so they are relying on new ways of investing in the asset class, mainly accelerating early-stage investments in renewable technologies, and with novel partnerships and co-investment structures.

Now is the time to professionalise

In this second contribution from the CFA Institute on finance professionals, CEO of CFA Societies Australia, Lisa Carroll, discusses the reform needed in that market.

Holding consultants to account on ESG

Ensuring that investment consultants incorporate ESG factors into their core service provision is crucial for the next wave of responsible investment. The PRI has released a guide for asset owners or what to expect from consultants.

RFK Human Rights achievements

President of Robert F Kennedy Human Rights, Kerry Kennedy, welcomed delegates to its 2019 investor conference by outlining some of the milestones achieved by the organization in the past year. These include criminal legal system reform; suing Colombia on behalf of a journalists’ family; and major advancements in farm workers’ rights.

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