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CalPERS active equity rebuild delivers highest alpha in three decades

CalPERS active equity rebuild delivers highest alpha in three decades

CalPERS’ three-and-a-half-year overhaul of its $242 billion global equities portfolio has delivered the program’s highest alpha in almost three decades, after the pension giant deployed $65 billion back into active strategies and dramatically tightened manager selection.

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Looking for the exit: Oregon battles overweight allocations to illiquids

Oregon Investment Council’s exposure to private markets has been a great source of excess returns over the years, but today the overweight allocation to illiquid markets is a growing concern with ramifications for liquidity particularly.

Operational alpha: The evolution in fund manager due diligence

Asset owners who assess their outsourced fund managers are facing mounting challenges that mean emerging tools, such as AI, are key to successful operational due diligence. Top1000funds.com takes a closer look at the responsibilities and skillsets of those conducting ODD and why it's core to a successful investment function.

Top1000funds.com rated ‘most useful’ by readers 

Research into Top1000funds.com readers’ preferences and habits reveals that the publication is rated as the most useful to them in the performance of their jobs, and is read by some of the most senior investment professionals inside asset-owner organisations around the world.  

Robert Wallace talks strategy, execution and governance at Stanford

Stanford endowment's CEO Robert Wallace explains the three pillars of his approach to investment: strategy, execution and governance. He was speaking at Norway's NBIM annual investment conference.

Factor rebalancing superior for managing liquidity

Factor rebalancing a portfolio is a better way to manage liquidity and leverage implications of illiquid assets compared to traditional rebalancing to a static asset allocation, according to new research.

How to tip social systems (for the better, of course?)

Positive social tipping points are probably the fastest and most powerful way of addressing the climate crisis but how do we tip a social system? The Thinking Ahead Institute's Time Hodgson investigates.

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