Gideon Smith: Fundamentals and the golden age for quants

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Inside the year-and-a-half-long review into ATP’s complicated portfolio

Inside the year-and-a-half-long review into ATP’s complicated portfolio

Danish pension giant Arbejdsmarkedets Tillægspension (ATP) has been urged to cull risk, establish formal portfolio benchmarks and reduce private markets exposures, according to an external review committee which handed down a 536-page report into the fund’s investment operations after an 18-month review. Following the release of the report by the board this week, co-author of the review Andrew Ang unpacks the findings with Top1000funds.com.

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Asset owners need urgency on tech

Most investors aren’t ready for the enormous impact of AI, chaos theory and more on the industry. Stanford’s Ashby Monk says the first step in changing this is building networks for innovation.

EAPF leads climate-change push

The Environment Agency Pension Fund is expanding its efforts to support a low-carbon economy and demanding that other asset owners and the entire finance industry ‘step up’ as well.

A guide to long-term mandates

Focusing Capital on the Long Term has published a paper with 10 things asset owners and managers can do to negotiate deals that align their incentives – and thinking – with longer time horizons.

Be clear on factor strategies’ benefits

Smart beta, factor indices and other products promise a middle ground between traditional passive and active. But they vary greatly, and investors need to take a hard look before adopting them.

Texas Teachers overhauls equities

Texas Teachers has made extensive changes to its equities portfolio, increasing risk premia, reducing active management and applying new strategies developed by the fund’s research arm.

Merton on fintech, retirement, more

Active managers need to be dynamic and fintech can’t do it all. Those are among the insights Nobel laureate Robert Merton revealed in an exclusive interview with top1000funds.com. Click to listen

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