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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The Austin advantage: Texas Teachers talks optimism, innovation and growth

The Austin advantage: Texas Teachers talks optimism, innovation and growth

Jase Auby, TRS's celebrated CIO, explains why TPA doesn't fit with its culture; why community push back on data centres could turn out to be an investor advantage, and argues the case for continuing to invest in fossil fuels. Top1000funds.com sat down with the CIO in his Austin office for an all-encompassing conversation.

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Clash of the titans: investors and managers at odds over alternatives regulation

A battle has broken out between investors and suppliers over the regulation of hedge fund and private equity managers, with opposing testimony given to the US Senate by the country’s largest pension fund, the $180.9 billion CalPERS, and a US-based venture capital firm. In this “Have Your Say” column we ask you whether you agree

Abu Dhabi looks starwards with space tourism investment

Aabar Investments, an investment company backed by an Abu Dhabi sovereign wealth fund, has become the first external investor in commercial space carrier Virgin Galactic, buying a 32 per cent stake for $280 million. mrec4inarticleinline Sponsored Content scnative1 scnative2 scnative3

Active management under pressure as US funds underperform

The alpha from active funds management was a massive -1.2 per cent before fees for US funds in 2008, a figure eight times below the average of 15 bps over 18 years, according to research by CEM Benchmarking. mrec4inarticleinline Sponsored Content scnative1 scnative2 scnative3

Focus on income generation will yield most alpha: McCulley

Institutional investors should be looking to garner alpha from income-generating investments, rather than growth, as the “new normal” dictates that return expectations will be equal to about nominal GDP, according to managing director, Pimco, Paul McCulley. mrec4inarticleinline Sponsored Content scnative1 scnative2 scnative3

A framework for ESG considerations in portfolio design

The inherent breadth and ambiguity of environmental, social and governance issues has resulted in the integration of ESG considerations into portfolio design remaining largely a philosophical push, without clarity on the direct and indirect impacts on shareholder value. In this working paper, AQR Capital Management’s Jeff Dunn, outlines a simple framework for considering the impact

Macro factors – the update: Watson Wyatt

For the first time since 2006, Watson Wyatt has written a report that revisits the macro-economic factors that may affect global returns over the next decade. It highlights the increasing influence of public policy and emerging wealth on the investment agenda, and draws some tentative conclusions regarding the implications for investment portfolios. mrec4inarticleinline Sponsored Content

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