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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Impact investing’s case for scale

Impact investing’s case for scale

Impact investing has come a long way in the past two decades, going from a niche strategy to a $1.5 trillion industry, but there are still challenges for it to reach institutional scale due to the lack of products and insufficient evidence of outperformance in some parts of the market.

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Global equities lose ground to alternatives

Allocations to alternatives worldwide are expected to increase by more than 5 per cent at the expense of global equities in the next two years, according to Russell Investments 2010 global survey on alternative investing. mrec4inarticleinline Sponsored Content scnative1 scnative2 scnative3

CalPERS’ search for a new asset allocation strategy

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.

Texas Teachers wants more discretion over external managers/derivatives…

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

….as TRS reports its largest ever return

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

“Korrupter” boss arrested at Swiss BVK fund

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

North Carolina in need of ALM study, staff

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

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