Linda Gruendken: Cycling in Cambridge and the randomness of markets

I chat with Linda, the lead scientist from GAM Systematic CANTAB, and recently named as one of the top 50 women in the hedge fund industry. We have a fascinating conversation about the difference between quant and systematic approaches, and the vast uncertainty of financial markets. We talk about the usefulness of machine learning models and the critical role that investment horizon plays.

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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PMT talks infra equity and how to balance stock concentration risk

PMT talks infra equity and how to balance stock concentration risk

Scenario testing has put inflation risk front and centre at PMT, the Netherlands’ third largest pension fund, and it's driving the investor to take stock of the inflation protection it gets from infrastructure. In an interview with Top1000funds.com, chief investment officer Hartwig Liersch unpacks the risk, as well as another initiative where it's balancing concentration risk in the equity allocation without hurting returns.

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Japan stocks shine amid global shifts, China uncertainty

With Japanese stock prices reaching a 33-year high, the economy emerging from deflation, and the positive impact of corporate governance reforms over the past decade, it's not surprising that money managers, especially foreign investors, who previously showed little interest in Japan are now flocking to Tokyo.

Behind CalSTRS’ cost savings: Better returns and control of risks

CalSTRS has saved more than $1.6 billion in costs since 2017 thanks to its collaborative model approach, which brings more assets in-house and encourages the use of different investment vehicles. Now it’s looking to measure the other benefits including boosted returns and more control over risks.

三井住友銀の企業年金基金、オルタナへの投資拡大検討 日本国債運用方針の見直しも

三井住友銀行の企業年金基金は、インフラ投資やプライベート・エクイティ(PE)などオルタナティブ投資を増加させる運用方針を示した。流動性は低いものの、リターン(収益率)の最大化を追求する。日本国債は過去10年以上、低水準に抑えてきたが、日銀の政策修正を受けて今後、金利上昇が予想されるため、運用戦略の見直しを検討する可能性がある。 mrec4inarticleinline Sponsored Content scnative1 scnative2 scnative3

Japan’s SMBC pension fund explores boosting exposures to alternatives

Japan’s Sumitomo Mitsui Banking Corporation (SMBC) Pension Fund, managing assets worth 1 trillion yen ($6.6 billion), is poised to increase investments in illiquid alternatives, including infrastructure private equity and debt aimed at maximizing returns.

岸田政権の「アセットオーナー改革」、国内企業年金は静観 負担増に懸念も

国内企業年金基金の多くは政府の「アセットオーナー改革」方針に対して今のところ静観の構えを示している。年末までに策定予定の政策計画を見極める姿勢だが、業務負担が増すとの懸念があるほか、支持率が低下する岸田文雄政権のリーダーシップに不安があると冷ややかな声も出ている。 mrec4inarticleinline Sponsored Content scnative1 scnative2 scnative3

Tangible change at Fordham endowment in manager re-vamp

Geeta Kapadia, CIO of Fordham University’s $1 billion endowment is rolling out a suite of changes that include paring back the fund's 50 or so manager relationships, introducing new passive allocations, testing the water on internal management in fixed income and preparing the ground for an inaugural sustainability strategy.

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