I chat with Sean, senior quantitative analyst at Mine Super, on the scientific process, uncertainty and the changing relationship between academia and the private sector in Australia.
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.
A view that the US stock market is overvalued and equity risk premia will be lower over the long term has driven New Zealand Super to lower the return expectations for its reference portfolio following its recent five-yearly review of the benchmark. Co-chief investment officer Brad Dunstan also flags underweight commodity exposure as an area to address and explains why the fund remains sceptical of illiquidity premia despite seeing a growing case for private markets.
In an unprecedented bonanza for fund managers, the $100 billion Sweden’s Fund Selection Agency is preparing multiple RFPs as it re-tenders its whole portfolio. With a focus on quality and cost, executive director Erik Fransson explains his ambition for the overhauled system.
The $171 billion (A$260 billion) Australian Retirement Trust, which sets itself apart from its Australian peers with the identifying investment features of lower infrastructure allocations and less internal management, is looking to opportunities in digital infrastructure and the energy transition.
Arizona State Retirement System will opportunistically increase both US and international public equity exposure in line with its moderately bullish view on public equities and a new strategic asset allocation that targets 44 per cent of AUM in the asset class.
Asset owners collaborating to influence labour rights in investee companies have another string to their bow with the release of the Committee on Workers' Capital report examining large fund manager voting performance.
Canadian investor IMCO lays out compelling arguments to invest overseas but warns that a country's GDP growth does not equate to returns and tends to avoid emerging and frontier markets because of heightened geopolitical and currency risk.
The endowment for two major Texan universities is hoping for a soft economic landing but planning for a recession. It is honing a playbook that ensures ongoing liquidity to make distributions, is not over its skis in terms of capital calls and commitments and has the firepower to invest in.
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