Fantastic conversation with Igor Halperin around the application of reinforcement learning into forecasting problem, and the limits to data and understanding the world.
Igor Halperin: On the application of reinforcement learning in Finance
Strategy
UK’s transition-focused SWF gets green light
UK Chancellor of the Exchequer Rachel Reeves didn’t waste any time approving the UK’s new SWF aimed at funding the energy transition. As it begins to lay down structure and governance frameworks critics point to the challenges of bringing projects to a level where they are investable.
Sarah RundellJuly 25, 2024
InFocus
Tip of the A-iceberg as investors grapple with the scale of opportunity
An investment theme that incorporates all traditional businesses trying to exploit technology, including AI, is simply too broad. Focusing on AI alone leaves investors exposed to the uncertainty of future developments. In between is an approach that recognises AI as an accelerant to existing trends.
Simon HoyleJuly 17, 2024
Investor Profile
CalPERS’ plan to generate alpha from climate investments
CalPERS’ sustainable investment strategy is predicated on a belief it can generate outperformance by investing in climate solutions – with $100 billion to be allocated by 2030. Peter Cashion, managing investment director for sustainable investments tells Amanda White why, and how, it looks for climate alpha opportunities.
Amanda WhiteJuly 16, 2024
Investor Profile
Temasek says structural demand and geopolitical risk impacting China
Singapore's Temasek explains why it has a cautious approach to investment in China and highlights the growing size of its allocation to private markets.
Sarah RundellJuly 16, 2024
Sustainability
Brightwell focuses sustainability on equality and natural capital
Brightwell, the £37 billion new asset manager for the BT Pension Scheme, lays out why it is focusing on equality and natural capital in its first sustainability report.
Sarah RundellJuly 11, 2024
Investor Profile
How abundant inflows have put New Mexico’s SIC in a bind
New Mexico's oil fund is 10 per cent overweight cash and bonds relative to target in a reflection of the challenges CIO Vince Smith faces putting money to work. Equities are over valued and allocating to private markets takes time but volatility during the November election could be an opportunity.
Sarah RundellJuly 11, 2024
Investor Profile
AP funds face consolidation as report flags scale and efficiency wins
A long-awaited review into Sweden's buffer funds suggests consolidation between the three Stockholm funds – AP1, AP3 and AP4 – stating that the advantages in terms of efficiency and scale outweigh the disadvantages of continued separation.
Sarah RundellJuly 9, 2024
