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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New Jersey’s $85 billion fund stockpiles cash, eyes PE secondaries

New Jersey’s $85 billion fund stockpiles cash, eyes PE secondaries

An underweight position across private markets, predicated on a view that geopolitics and inflation mean interest rates are not coming down any time soon, has positioned the New Jersey Division of Investment with plenty of dry powder and a cash position four times the policy allocation. It is now readying for opportunities in private equity secondaries and with emerging managers. Chief investment officer Shoaib Khan spoke to Top1000funds.com.

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Kazakhstan SWF invites global equity managers aboard

The $23 billion National Oil Fund of Kazakhstan, an economic stabilisation fund built from surplus oil revenues, is seeking external active and passive global equity managers as it pumps money into the domestic economy in an attempt to offset the impacts of the financial crisis. mrec4inarticleinline Sponsored Content scnative1 scnative2 scnative3

Temasek’s strategic outlook extends to emerging countries

Temasek Holdings has made changes to the long-term outlook of its S$185 billion ($134 billion) portfolio reducing the asset allocation to OECD countries and adding an allocation of 10 per cent to “other geographies” including Latin America, Russia and Africa. mrec4inarticleinline Sponsored Content scnative1 scnative2 scnative3

Big pension funds list their target asset classes for next 3 years

Investment grade bonds, followed by emerging market equities and then diversified global equities, are the asset classes which will best meet the requirements of large pension funds and multi-manager packagers, according to a survey of the fiduciaries of assets totalling more than $5 trillion. mrec4inarticleinline Sponsored Content scnative1 scnative2 scnative3

Peter Bernstein: Risk Inverse

Peter Bernstein, an economic consultant and respected investment thinker passed away on Friday June 5 in New York. Widely regarded as an intellectual giant in the investment circles for his ability to translate complex mathematical models into practical applications, he founded the Journal of Portfolio Management in 1974 and wrote a number of respected books

…as consultant assessment initiates changes to internal equity team and technology

CalPERS has reached its capacity to internally manage equities portfolios and would need to make changes to technology and staff resources if the internally-managed equities program is expanded, according to the outcome of the annual consultant review of CalPERS’ internal equity team by Wilshire Associates. mrec4inarticleinline Sponsored Content scnative1 scnative2 scnative3

Asset class review inspires opportunistic allocation at CalPERS’

CalPERS is considering adopting an “opportunistic” program seeking to profit from substantially undervalued assets across various asset classes and strategies, and will be limited to 3 per cent of the fund’s total market value. mrec4inarticleinline Sponsored Content scnative1 scnative2 scnative3

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