With stocks markets experiencing high volatility and economists warning of a first recession in 27 years, retirees and the broader community are looking for leadership. The Assistant Minister discussed the latest policy initiatives and how we navigate a dual public health and financial crisis.
Speaker: Hon. Jane Hume, Assistant Minister for Superannuation, Financial Services and Financial Technology
Moderator: Colin Tate, chief executive, Conexus Financial
Length: 40 mins, 59 seconds
The looming SpaceX IPO has put the spotlight firmly on the so-called ‘space economy’, but asset owners have been urged to exercise caution about investing in a sector that still resembles the wild west, with no legal or governance framework to protect capital. That’s not to say money will not be made, but it might not be in the areas investors first expect.
The fund has embarked on an asset allocation review that is more like a total engine makeover, one of the most important activities in the fund's history.
The investment team of the $97 billion Teachers’ Retirement System of Texas will request the removal of sunset clauses on its use of external managers and derivatives, or at least increase the maximum limit on external managers from 30 to 50 per cent of the fund, at a legislative hearing in August. mrec4inarticleinline Sponsored Content
An overweight position to global equities and credit has contributed to the Teachers’ Retirement System of Texas recording its best ever investment return: 35 per cent for the year to March 2010. mrec4inarticleinline Sponsored Content scnative1 scnative2 scnative3
The chief investment officer for the Swiss Government’s Zurich cantonal pension fund, BVK, has been dismissed following his arrest on various “corruption” charges. mrec4inarticleinline Sponsored Content scnative1 scnative2 scnative3
The North Carolina Retirement System is in need of a formal asset liability study and is fundamentally understaffed, according to an independent review by Ennis Knupp commissioned by the State Treasurer. mrec4inarticleinline Sponsored Content scnative1 scnative2 scnative3
Following a restructure of the team along functional lines, the CalPERS internal passive equity team is now able to handle any risk or complexity in the portfolio at least as well as any external manager, according to a review by its consultant Wilshire, although some extra coding of the Charles River system for compliance purposes
Top1000funds.com is the market leading news and analysis site for the world’s largest institutional investors. It focuses on leading the global investment industry to continuous improvement through case studies of best practice in governance and decision making, portfolio construction and efficient portfolio management, fees and costs, and sustainable investing.
The publication pushes the industry to question whether status quo processes and behaviours to tackle risks and opportunities will be sufficient in the future, and actively campaigns for diversity, sustainability, transparency, innovation and better alignment of fees in the investment industry.
Top1000funds.com is read by investment professionals in more than 40 countries.
Leave a Comment
You must be logged in to post a comment.
Login