I chat with John, the founder of Quantopian, on how he got started in quantitative finance, where he sees the industry evolving and how he created a global community of intrinsically motivated coders to create unique solutions to the greatest intellectual game on earth.
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.
GIC has further refined its total portfolio approach by moving to a strategic portfolio focused on underlying factors that drive returns. Split between equities, fixed income and real assets, the revision means the fund can move more easily between private and public exposures and nimbly between asset classes.
What was once too intense to be utilised by computing processes, reinforcement learning has become a viable tool for asset owners. John Hull, Maple Financial chair in derivatives and risk management at the Joseph L. Rotman School of Management, told the Fiduciary Investors Symposium this now outperforms simpler modelling approaches.
Despite global pension markets’ varying levels of maturity, the goal of combining portfolio resilience with meeting fund objectives is the same, and it can be achieved through different manifestations of governance structures.
For asset owners to stay the course of a long-term investing view, not only do their investment teams need to be behind the objective, but also their board and external managers. Or investors might find themselves fighting an uphill battle in a market where short-termism is prevalent.
The power of artificial intelligence to makes sense of huge volumes of data and produce real business gains has obvious appeal for asset owners. Working out how to apply the technology can be overwhelming, but the Fiduciary Investors Symposium heard that the most important thing is to start.
AI is on every investor’s lips as a technology that will revolutionise businesses and industries. The Fiduciary Investors Symposium heard that looking past the hype to the tangible, on-the-ground benefits presents some genuine challenges for asset owners and the managers they often employ to do it for them.
The pace of development in artificial intelligence and machine learning is head-spinning. The Fiduciary Investors Symposium heard there are examples from the industrial past that serve as good indicators of how the new technology will be adopted, its likely impact, and both short- and long-term strategies for effective adoption.
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