Igor Halperin: On the application of reinforcement learning in Finance

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Letter to the Editor: TPA’s benefits are real, and accessible

Letter to the Editor: TPA’s benefits are real, and accessible

In a Letter to the Editor, Stefano Cavaglia and Donald Raymond argue the reported performance gains using TPA are not only plausible but that TPA-like strategies, such as applying an optimizing total portfolio overlay, can provide significant benefits without massive governance changes.

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Thoughtful ESG engagement the epitome of good active management: Pictet

Investors’ approach to ESG has evolved considerably, particularly in the area of engagement with portfolio companies, and encouraging change through active and targeted engagement is “the epitome of what active managers can do”, the Sustainability in Practice conference at Oxford university has heard.

Politicisation, poor governance to blame for backlash against ESG

CIOs need to fight back against the politicisation of ESG in the United States by adopting sound governance principles and not allowing their funds to be “pinned down to one side of the [political] spectrum”, the Sustainability in Practice conference at Oxford University has heard.

Board control critical to ESG stewardship in unlisted infrastructure

Investors can de-risk and increase the long-term returns of unlisted infrastructure assets by enacting forward-looking ESG transitions, investors say, but they need to ensure sufficient control at the board level.

The unique challenge of decarbonising real estate as the population grows

Demand for more agricultural land alongside the need for greater biodiversity and zero deforestation will drive investment in responsible land management practices and natural capital says Abi Dean, global head of strategic insights, at Nuveen Real Assets. 

Why these impact investing veterans don’t care about ESG ratings

BlueOrchard and Schroders Capital’s impact investing veteran, Maria Teresa Zappia, isn’t a fan of using ESG performance to evaluate her portfolios, suggesting that investors are limiting their options if they are not willing to consider companies with lesser ratings.

CalPERS next CIO: 55 applications so far and counting

The numbers behind CalPERS hunt for a new CIO: 55 applicants so far; a $300,000 budget to secure a candidate; and a process of candidates submitting to 40-odd checks including credit checks and social media history.

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