Jim Creighton: Quant in the 90s and the AI reinvention

I chat with Jim, the former CIO of Barclays Global Investors on the history of quantitative investment, the myths of factor investing, and how machine learning can help solve difficult problems in financial markets. We touch on the future of AI and its use in the broader society – where are the opportunities and where are the potential threats?

Nothing on this podcast is to be considered investment advice or a recommendation. No investment decision or activity should be undertaken without first seeking qualified and professional advice

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Silver is the new gold: France’s UMR targets opportunities in ageing economy

Silver is the new gold: France’s UMR targets opportunities in ageing economy

French pension organisation UMR has launched a multi-asset thematic program that will target opportunities in Europe’s ageing economy. It’s part of a broader strategy to increase diversification in private markets where it sees secondary markets as an increasingly important tool.

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Choose your goal posts … and then keep them there

Is the choice between a cap-weighted or fundamental index really going to result in more goals (or alpha), or is it just shifting the posts? It doesn’t really matter what you choose as your benchmark – it is exactly that, a benchmark. A point of reference. But if what you are deciding is the choice

Security selection beats allocation in return stakes

Can large sophisticated investors beat the market? And possibly more insightfully, how do they beat the market? These questions are explored in a recent ICPM research paper – asset allocation and performance of pension funds. Amanda White spoke to one of the authors, Aleksandar Andonov from Maastricht University.mrec4inarticleinline Sponsored Content scnative1 scnative2 scnative3

Investors tell hedge funds to lift their game

Investors want significant improvements in the way hedge funds interact with investors, and have called for greater reporting and transparency in a recently published guide to the industry.mrec4inarticleinline Sponsored Content scnative1 scnative2 scnative3

Mercer, Callan courtship augurs more engagements

The recent alliance between Mercer Investment Consulting and Callan Associates to acquire the bulk of Evaluation Associates – the investment consulting arm of Milliman Inc – could be the start of a cooperation that targets other potentially attractive acquisitions in the US industry.mrec4inarticleinline Sponsored Content scnative1 scnative2 scnative3

Eigenfactor adjusted covariance matrices

This paper investigates the underlying sources for the biases of optimised portfolios, and identifies special portfolios, termed eigenfactors, that exhibit large systematic biases in the risk forecasts. It shows that the covariance matrix can be adjusted to remove these biases, and that removing eigenfactor biases essentially removes the optimised portfolio biases as well. mrec4inarticleinline Sponsored

Derivatives: How will the New US and EU Regulations Affect the Asia Pacific Region

The global financial services industry during 2011 faces active rulemaking and a myriad of changes in derivatives regulations from the United States and European Union. For financial firms operating in the Asia-Pacific region, the effects of these proposed regulatory changes on derivatives markets are particularly unclear. This article touches on some of the most-pressing concerns

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