Fantastic conversation with Igor Halperin around the application of reinforcement learning into forecasting problem, and the limits to data and understanding the world.
Rest Super’s selective approach to PE pays off as program comes of age
A concentrated bet on fewer, better GP relationships is paying off for one of Australia's largest superannuation funds. Built on selective manager and deal selection rather than a broad roster, the A$112 billion ($78 billion) Rest Super delivered private equity returns more than double the peer average last financial year, as the fund proactively courts top-tier PE firms instead of waiting to be approached.
Sort content by
Expect a 5-to-10-year wait for 401(k) plans to enter private markets
The risk of litigation and liquidity concerns mean America's 401(k) funds won't venture into private markets for five to 10 years, said T. Rowe Price's Michael Davis, speaking at FIS Oxford. But he said legislation has played a powerful role in shaping the US retirement industry.
APG private markets CIO articulates the value of being based in Asia
Dutch investor APG is showing its deep commitment to Asia by installing its chief investment officer of private markets in the Hong Kong office, a prime location from which to proactively source opportunities. The fund outlines its plan to increase allocation in infrastructure and private equity while integrating impact themes.
Risk depends on your mental model of reality
A lot of words have been written to explore what risk is, but Tim Hodgson of the Thinking Ahead Institute makes the case that risk looks different to different models of reality. This column is the first of a six-part series exploring risk management for investment systems, or ‘risk 2.0’.
Solving for retirement: All paths lead to more private savings
The most significant change to the superannuation and pension system is not the internalisation of asset management, or the shift to passive strategies, or the rise of private markets but the climbing support ratio globally, according to Michael Davis, head of global retirement strategy at T. Rowe Price.
CPP Investments, NBIM reflect on lessons from a 5-year transparency journey
The Global Pension Transparency Benchmark has been a driving force in improved transparency of disclosures and reporting among global asset owners. As the project comes to its close after five years, two leading funds reflect on why transparency has been a clear focus for their organisations.
Global pension funds lift transparency, but cost reporting still lags
Global asset owners have made significant advancements in the transparency of disclosures with the industry, showing unprecedented alignment with best practices in performance, responsible investing and governance disclosures. However, cost reporting continues to be a pain point.
Leave a Comment
You must be logged in to post a comment.
Login