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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Mercer 2009 funding and credit balance report

Principal at Mercer, Craig Rosenthal, was among the witnesses who gave testimony to the US House of Representatives Committee On Ways and Means, under the hearing “Defined Benefit Pension Plan Funding Levels and Investment Advice Rules” on October 1. mrec4inarticleinline Sponsored Content scnative1 scnative2 scnative3

UAE and Malaysia strengthen investment ties

In another deal struck in the United Arab Emirates (UAE) financial sector, the $25 billion Khazanah Nasional Berhad of Malaysia has bought a 25 per cent stake in Dubai Islamic investment firm Fajr Capital for $150 million. mrec4inarticleinline Sponsored Content scnative1 scnative2 scnative3

HMC to increase in-house management

Harvard Management Company, with responsibility for managing the $26 billion Harvard endowment fund, has hired a number of senior investment staff and reorganised its internal structure as it positions itself to bring more asset management in-house. mrec4inarticleinline Sponsored Content scnative1 scnative2 scnative3

GIC claws back half of 20 per cent investment loss

The Government of Singapore Investment Corporation (GIC) has recovered almost half of last financial year’s investment loss in recent months thanks to the revival in global stock markets, after recording a 20 per cent fall in assets in the year ending March 31, 2009. mrec4inarticleinline Sponsored Content scnative1 scnative2 scnative3

The new reality of pension investment strategies

A survey of more than 85 senior level financial executives at US-based companies reveals few are taking steps to cut costs and improve governance but are reacting to the economic crisis by decreasing equities and eliminating defined contribution investment options. The report by Watson Wyatt shows that two thirds of companies have made changes, or

USS funded status plunges as assets fall 25 per cent

The £21.7 billion ($35 billion) Universities Superannuation Scheme (USS) is facing the prospect of having to initiate a recovery plan after a 25 per cent fall in its assets in the financial year ending March 2009 caused its funded status to drop by almost 30 per cent. mrec4inarticleinline Sponsored Content scnative1 scnative2 scnative3

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