Linda Gruendken: Cycling in Cambridge and the randomness of markets

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CalPERS active equity rebuild delivers highest alpha in three decades

CalPERS active equity rebuild delivers highest alpha in three decades

CalPERS’ three-and-a-half-year overhaul of its $242 billion global equities portfolio has delivered the program’s highest alpha in almost three decades, after the pension giant deployed $65 billion back into active strategies and dramatically tightened manager selection.

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Finance day at COP26 marks the beginning: Reynolds

Finance day at COP26 bought headline grabbing news - including the establishment of Mark Carney's GFANZ and new accounting standards - but the PRI's Fiona Reynolds tells FIS delegates more needs to be done.

Climate, China and The Fed: Kotkin’s big risks ahead

The climate emergency, China and Federal Reserve policy pose the most systemic investor risk ahead according to Stephen Kotkin, Professor in History and International Affairs, Princeton University, who said a dramatic misstep from the US Federal Reserve could cause a massive dislocation.

Portfolios of the future: Resilience and risk management

Investors need to prioritise resilience, risk management, digitisation trends and talent to future proof their portfolios says OPTrust CIO James Davis.

Innovation needed on fund disclosure of corporate strategy

A minority of pension funds reviewed for the GPTB publicly disclosure their organizational strategy in a way that goes beyond disclosures of economic and market conditions and the impact on the performance of their investments. Michael Reid argues there is room for improvement in communicating key corporate activities to stakeholders.

Investor solutions in a changing world: Cash flows, scarcity value and sustainability

In a complex investment environment, investors should get back to basics and focus on corporate cash flows, scarcity value and the impact of inflationary pressure on profits. Simplicity will serve investors well in the coming years.

The transformative technologies set to shake up financial services

Technologies that have decimated and transformed the retail and manufacturing sectors are finally ‘knocking at the doors’ of the services sector, and institutional investors need to build a higher level of technology education among in-house sector specialists to stay ahead of the curve, argues Taimur Hyat, chief operating officer at PGIM, the investment management business of Prudential based in New Jersey.

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