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.
Roger Urwin, one of the industry’s most well-known proponents of TPA, has defended it against the growing scepticism of its reported performance edge over SAA, saying “TPA is a system” and any performance attribution is difficult to isolate from the broader context each fund operates in. In an interview with Top1000funds.com, he also weighs in on whether some funds are inherently unsuitable for implementing TPA.
The fund has embarked on an asset allocation review that is more like a total engine makeover, one of the most important activities in the fund's history.
The investment team of the $97 billion Teachers’ Retirement System of Texas will request the removal of sunset clauses on its use of external managers and derivatives, or at least increase the maximum limit on external managers from 30 to 50 per cent of the fund, at a legislative hearing in August. mrec4inarticleinline Sponsored Content
An overweight position to global equities and credit has contributed to the Teachers’ Retirement System of Texas recording its best ever investment return: 35 per cent for the year to March 2010. mrec4inarticleinline Sponsored Content scnative1 scnative2 scnative3
The chief investment officer for the Swiss Government’s Zurich cantonal pension fund, BVK, has been dismissed following his arrest on various “corruption” charges. mrec4inarticleinline Sponsored Content scnative1 scnative2 scnative3
The North Carolina Retirement System is in need of a formal asset liability study and is fundamentally understaffed, according to an independent review by Ennis Knupp commissioned by the State Treasurer. mrec4inarticleinline Sponsored Content scnative1 scnative2 scnative3
Following a restructure of the team along functional lines, the CalPERS internal passive equity team is now able to handle any risk or complexity in the portfolio at least as well as any external manager, according to a review by its consultant Wilshire, although some extra coding of the Charles River system for compliance purposes
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