Michael Recce: The goldilocks approach to neuroscience, AI and investing

Apologies for the sound here, this interview was recorded using Skype and occasionally the quality drops.

I chat with Michael, Chief Data Scientist at Neuberger Berman, on using alternative data sets to improve insights into portfolios, deep diving into specific companies and industries and how these sets allow us to look at the world in a richer and more immediate fashion than ever before.

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

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WTW’s Urwin defends TPA value-add as attribution scrutiny intensifies

WTW’s Urwin defends TPA value-add as attribution scrutiny intensifies

Roger Urwin, one of the industry’s most well-known proponents of TPA, has defended it against the growing scepticism of its reported performance edge over SAA, saying “TPA is a system” and any performance attribution is difficult to isolate from the broader context each fund operates in. In an interview with Top1000funds.com, he also weighs in on whether some funds are inherently unsuitable for implementing TPA.

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Systemic tail risk

A research paper by executives at the Dutch Central Bank, De Nederlandsche Bank, examines tail risk, and shows that historical tail betas are able to capture the sensitivity to future systematic tail risk.   The paper can be downloaded here  Systemic tail riskmrec4inarticleinline Sponsored Content scnative1 scnative2 scnative3

Organisational change: asset owners 2.0

A key ingredient for success in any organisation is strong leadership. It is common in the corporate world for the chief executive to change every five to 10 years as the organisation evolves. Are the same principles true for large institutional investors?     Roger Urwin, global head of investment content at Towers Watson, who

The rise of the foreign trustee

Which developed world pension fund will become the first to have a Chinese national sit on its board? The debate on board diversity has focused on gender, race and age, but in future it could extend to having representatives of the countries your fund would most like to invest in. As funds travel along the

Making money from ESG

It is a measure of the experience of the Australian fund, Local Government Super, on ESG that it will instruct its managers on which companies to omit from portfolios. The New South Wales fund started its policy of applying environmental, social and governance filters to its investments by omitting tobacco companies in 2000. Today, it

Economic growth outlook positive but integrity needs work

The outlook for economic growth this year is markedly positive, compared to last year, but capital market integrity is not improving, according to the opinions of more than 6,000 CFA Institute members. The CFA Institute global markets sentiment survey, measures the views of its members on market integrity and economic issues. This year’s survey, which

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