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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LPFA drives single mammoth UK fund

The London Pensions Fund Authority (LPFA), among the largest of the United Kingdom’s Local Government Pension Schemes, is spearheading a bold idea. The £4.2-billion ($6.74-billion) scheme is pushing the notion of combining with London’s other 34 local authority funds into a single, giant scheme. The $32.13-billion superfund would pack more punch as a single investor,

Factoring sustainability into portfolio decisions

Asset owners remain understandably challenged to incorporate sustainability factors into global equity allocations. Global macro trends make clear that sustainability considerations will be increasingly essential for consideration, but often less clear is how to factor this into portfolio decisions in a sophisticated manner. Dwindling natural resources and the world’s related ‘carrying capacity’ is translated by

Is the emerging markets
concept dated?

Are broad emerging-markets allocations still appropriate? By analysing the trend of mandate configuration, this paper by MSCI looks at whether the emerging-markets concept is dated and whether broad-based emerging-markets investing remains an appealing way to capture economic growth premium. Read the report here.mrec4inarticleinline Sponsored Content scnative1 scnative2 scnative3

Faith in ethical investing

Received financial wisdom holds that the price of virtue for ethical investors is lower returns. It all depends on the time frame, argues Tom Joy, director of investment for Britain’s Church Commissioners, who manage the Church of England’s £5.2-billion ($8.38 billion) pension fund. The Church Commissioners, as fund managers who are ultimately accountable to God,

Aligning asset owners and managers

Delegation is a fundamental obstacle to the alignment of asset-owner and asset-manager goals. However, Sebastien Pouget, professor of finance at the University of Toulouse, believes a combination of customised performance benchmarks and a dual short and long-term fee incentive can help overcome the problems of the principal/agent relationship. Pouget, who spoke at the recent United

Danish pension is gold

Denmark has blitzed the pension-system competition, being awarded the first Mercer Global Pension Index A grading. In the process, it has relegated the Dutch and Australian systems to second and third places, respectively, after four years. Mercer senior partner and report author, David Knox, says the reasons for awarding Denmark the top grade were clear.

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