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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CPP, NBIM CEOs swap notes on leading through teams, not bureaucracy

CPP, NBIM CEOs swap notes on leading through teams, not bureaucracy

In a high-level exchange between two of the world's largest and most sophisticated asset owners, CPP Investments’ chief executive John Graham shared a leadership lesson with Norges Bank Investment Management chief executive Nicolai Tangen: having an aligned senior team is one of the most critical things a leader can build. The two funds, which are consistently leaders in transparency, also exchanged playbooks on managing bureaucracy at large organisations.

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Quant modelling in private equity a sign of maturity

Managing director of Adveq, Peter Laib, believes private equity fund-of-fund portfolios need more analytical oversight and that diversification should be driven by the timing of capital in the market, not the number of funds. He spoke with Amanda White about the next phase of private equity as an asset class. mrec4inarticleinline Sponsored Content scnative1 scnative2

CalPERS’ absolute return mess

Wilshire’s annual review of CalPERS’ internal risk managed absolute return strategies (RMARS) has revealed a number of anomalies compared with its other global equity investments, including an over-reliance on quantitative tools and inadequate staff compensation incentives. mrec4inarticleinline Sponsored Content scnative1 scnative2 scnative3

Swedish pension fund collaboration to influence local market

Four of Sweden’s national pension funds (AP1-4) have collaborated with another nine investors to form the Swedish arm of The Sustainable Value Creation, and have already begun surveying the top 100 companies on the NASDAQ OMX Stockholm regarding their governance policies and sustainable value creation. mrec4inarticleinline Sponsored Content scnative1 scnative2 scnative3

Crisis will force private real estate to go public

Tight credit conditions in the US will diminish the private sector’s monopoly on residential and commercial property, driving assets into public markets and real estate investment trusts (REITs) loaded with cash from a spate of capital raisings. mrec4inarticleinline Sponsored Content scnative1 scnative2 scnative3

Commodity investing: papering over the problems

As funds globally review their investment policies, investment consultants are now strongly endorsing commodity investment, with funds generally planning a staged 3 to 6 per cent strategic allocation into commodities. Writing exclusively for conexust1f.flywheelstaging.com, chairman of Mountain Pacific Group, Ronald Liesching, traces the history of commodity investing, highlighting the risks and benefits for pension fund

Michigan balances pension needs with the ultimate asset management portfolio

Heading into its asset allocation study next year, staff at the Municipal Employees’ Retirement System of Michigan are cognisant that managing pension fund assets does not necessarily mean building the ultimate asset management portfolio. Chief investment officer of the fund, Jeb Burns, spoke to Amanda White about the fund’s asset allocation including a recent increase

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