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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No sustainability in European equation

Asset owners seeking comfort regarding Europe’s growth prospects had their hopes dashed by an expert panel speaking at the Fiduciary Investors Symposium in Amsterdam. Recovery in Europe, and with it implications for the stability of global market forces, the investment allocations of investors and the political and social well being of EU residents, is still

Pension design, regulation barriers to long-term investing

Fundamental questions of pension system design and regulation are serious barriers to fulfilling the global long-term investing agenda, according to a panel of major European asset owner heads at the Fiduciary Investors Symposium in Amsterdam. Eloy Lindeijer, chief of investment management of €140-billion ($191-billion) Dutch investor PGGM said “maybe politicians still don’t realise that there

PFZW: new beliefs
for a new world

The €140-billion ($191-billion) Dutch pension fund PFZW is in the midst of completely rethinking its investment philosophy, Jaap van Dam, managing director of PGGM, told the Fiduciary Investors Symposium in Amsterdam. PGGM manages the investments of PFZW and has traditionally guided them. Van Dam explains that ownership of the investment strategy is to shift decidedly

Worst case portfolio keeps HOOPP on track

The enviable surplus of the $47.4 billion Healthcare of Ontario Pension Plan, HOOPP, is down to a key focus on what David Long, senior vice president and co-chief investment officer at the fund, attributes to a “single strategic objective:” namely to pay benefits at a reasonable cost to the fund’s 247,000 workers in Ontario’s hospital

Global economic growth evolving

Olga Pomerantz, economist at Chicago-based William Blair & Company, offered delegates at  the Fiduciary Investors Symposium reasons to be positive. Pomerantz says the factors inhibiting growth from 2009 until last year have altered and that global economic growth is starting to evolve. She notes stronger growth in developed markets, where growth in the US has

Hybrids win governance race: Wisconsin research findings

Hybrid pension schemes, combining both defined contribution and defined benefit characteristics, are best for governance because they align interest of both employees and sponsors argue David Villa, chief investment officer of the $91-billion State of Wisconsin Investment Board (SWIB) and Sorina Zahan, partner and chief investment officer of Chicago-based Core Capital Management, speaking at Conexus

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