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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CalPERS’ public and private equity reset shapes performance

CalPERS’ public and private equity reset shapes performance

CalPERS is continuing to reap the benefits of a sweeping overhaul of its public and private equity programs, with the two asset classes, which are the biggest components in the portfolio, powering a 14.8 per cent return for the $637 billion fund in the last reporting period.

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Texas Teachers looks to hedge bets in low-returns world

Teacher Retirement System of Texas (TRS) will look to investments in hedge funds to maintain its position as one of the best performing public pension funds in the United States, its chief investment officer Britt Harris told trustees at its recent board meeting.mrec4inarticleinline Sponsored Content scnative1 scnative2 scnative3

GE develops dislocation and emerging markets

For the past year, emerging markets growth and developed market dislocation have been major investment themes for GE Asset Management, and by extension the GE Pension Trust. This theme continues to dominate the manager’s thinking, across strategies and implementation techniques, which in order to capture specific opportunities is also being extended to dynamic and tactical

Inflation becomes crucial economic indicator

State Street Global Market’s belief in inflation as the crucial economic indicator has been reflected in its research arm, State Street Associates, taking on a new partner, PriceStats, which produces daily price statistics, the first of its kind in the world. Amanda White spoke to the global head of research Jeremy Armitage.mrec4inarticleinline Sponsored Content scnative1

Are state public pensions sustainable?

Assuming future state contributions fund the full present value of new benefits, many US state systems will run out of money in 10-20 years. This paper argues the expected shortfalls raise the possibility that the federal government will be faced with a decision whether to bail out states driven to insolvency by their pension programs.mrec4inarticleinline

Swedish fund looks to joint venture investments

Swedish fund AP2 is directing its alternative asset investments into innovative joint venture company structures, in an effort to maintain a greater degree of control over real asset investments.mrec4inarticleinline Sponsored Content scnative1 scnative2 scnative3

Next-Generation Outsourcing for Wealth Managers: Riding the Wave of Converging Business Trends

For wealth managers, major industry trends are transforming the old concept of outsourcing into a fundamentally new way of delivering services, with advancing technology rapidly coming on-stream to weave together client and third-party provider relationships. Now, outsourcing is rapidly gaining traction as wealth managers are taking a longer look at how leveraging external resources can

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