As CalPERS becomes the first US pension fund to adopt a total portfolio approach, Ben Cotton, CIO of $80 billion Pennsylvania PSERS suggests TPA is just another acronym for something investors should already be doing: making decisions for what is best for the whole portfolio.
Asset owners are seeing a major shift in data management and analytics as AI enables more efficient investment processes. CPP Investments and OPTrust outline how the technology is being progressively integrated into their funds.
Despite headlines about exponential escalation in the cyber attacks on governments and corporation, an expert says the core threats have remained largely unchanged in the past decade. What’s different now is the attackers’ ability to inflict pain on their targets.
Asset allocators are seeking new ways to optimise portfolios beyond using the historic mean variance tools in the face of higher and more volatile inflation expectations. That can mean moving from SAA to a TPA, which is often a challenging task, but a new context demands modern investment frameworks.
Ronald Wuijster, chief executive of APG Asset Management, argues that fragmented capital markets and risk aversion are crimping investment opportunities in Europe. But he still sees attractive deals in the quantum and biotechnology sectors.
Sharply declining populations in Europe, as well as countries like South Korea and Japan, have dramatic implications for economic growth and investment opportunities. Investors at FIS Oxford were warned that as depopulation occurs in certain areas, highly skilled workers will leave, creating a loss of services and fuelling political instability.
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