Nick Wade: Driving from Beijing to Paris and stories in risk modelling

I chat with Nick, Director of Asia Pacific Marketing at Northfield Information Services, about the bubbles we live in socially, philosophically and professionally. Risk modelling has evolved to mirror active management and yet entails residual dogma and structural flaws in delivery and execution. In this fascinating conversation we unpack where AI will take financial services, the importance of time horizons and the better questions asset owners need to ask themselves in order to understand their portfolios.

Nothing on this podcast is to be considered investment advice or a recommendation. No investment decision or activity 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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Studying the active management environment

In this timely analysis, Wurts & Associates examines the active management environment, warning investors of the pitfalls of studying and choosing active managers including a reminder that reaching for high levels of benchmark relative excess returns can be potentially rewarded, but only in a marginal way relative to lower tracking error managers. It also concludes

Recovery “square root” says Russell

It will be just as important for investors to be patient in 2010 as it was in 2009 according to Russell Investments, as the year will be dominated by a series of macro themes causing spikes in asset return volatility. mrec4inarticleinline Sponsored Content scnative1 scnative2 scnative3

Financial services firms banish short-term bonuses: survey

Financial services firms are responding to the perceived negative impact of their remuneration practices by changing the mix of pay, moving emphasis away from short-term incentive schemes in favour of salary, according to a global survey of more than 60 organisations by Mercer. mrec4inarticleinline Sponsored Content scnative1 scnative2 scnative3

Pensions for all in UK market’s big DC shift

Now that automatic enrolment has become the centrepiece of UK pension reform, decent retirement incomes should no longer be exclusive to company veterans and the well-off. mrec4inarticleinline Sponsored Content scnative1 scnative2 scnative3

Strong internal team powers New Jersey fund

The $68 billion New Jersey Division of Investment (NJDI) has made claims to be the best performing public pension fund in the US in fiscal year 2009. This is made all the more impressive considering the internal investment team, which manages a large majority of assets, numbers only 16. Amanda White looks behind the scenes

CalPERS’ new sec lending risk controls

CalPERS has made some significant changes to its securities lending policy document in order to reduce risk and improve counterparty diversification in the portfolio, including a reduction in the maximum exposure to any counterparty, from 30 to 25 per cent of the total program.mrec4inarticleinline Sponsored Content scnative1 scnative2 scnative3

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