Igor Halperin: On the application of reinforcement learning in Finance

Fantastic conversation with Igor Halperin
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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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Blue bonds: The next wave of sustainable finance?

The blue bond market can provide an innovative means of supporting the critically underfunded blue economy and blue bonds offer a compelling opportunity in fixed income with untapped impact potential. Challenges include illiquidity in the market and where to place the investment in a portfolio.

Drivers of the future: Asia rises but demographics and debt impact the West

Speaking at FIS Oxford Ian Goldin, professor of globalisation and development, senior fellow at the Oxford Martin School, professorial fellow at the Balliol College, University of Oxford sketched an emerging world characterised by a rising Asia and declining west.

Leveraging geographic diversification in a multipolar world 

The past 20 years have seen large pools of capital become larger, more global and diversified across asset classes. The Fiduciary Investors Symposium heard how Bridgewater Associates is allocating capital and resources to meet this shifting paradigm and why investors can’t try to bet on certain geographic regions overperforming.

CFA Institute: Galvanizing the industry for change

In a wide-ranging discussion at the Fiduciary Investors Symposium at Oxford, CFA Institute chief executive Margaret Franklin, and global head of content at WTW Roger Urwin, examined some of the challenges the investment industry faces and the need for evolution.

New York City’s TRS: Junk rallies make active management hard

At the October investment committee meeting for the Teachers Retirement System of the City of New York, TRS' Tax Deferred Annuity Programme trustees heard how lower quality stocks are outperforming the broad market in what is commonly referred to as a “junk rally.”

UK unleashes its plans for mega funds

The UK government has announced plans to speed up LGPS pooling, forcing local authority pension funds to pool their assets and delegate investment strategy to larger asset pools. The government also wants DC schemes to merge. Top1000funds.com spoke to industry executives about the proposals.

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