Investors should avoid embracing more risk to chase returns, despite buoyant equity markets defying recent global shocks, warns American institutional investment consultant Wurts and Associates.
Veni, vidi, vici
Five Italian university students have won the prestigious CFA Institute Global Investment Research Challenge, beating more than 2,500 students from more than 500 universities worldwide to take out the $10,000 prize.
OMERS shifts to direct investing privately
As OMERS moves towards its target asset allocation of 53:47 in public/private markets, the private equity division is also undergoing change with a preference for direct investing. Paul Renaud (pictured), president and chief executive of OMERS Private Equity, discusses the transformation.
Californian funds look through 3D to diversify boards
The two large Californian public funds, CalPERS and CalSTRS, recently collaborated to help develop a new digital resource dedicated to finding untapped diverse talent to serve on corporate boards. Director of corporate governance at CalSTRS, Anne Sheehan (pictured), discusses the need for such a resource, and why collaboration is such a key component of corporate governance.
PGGM targets social added-value
PGGM will make targeted ESG investments in all investment categories in 2011, and complete research into the social added-value of those investments, which may also lead to a model to screen the entire portfolio for a sustainable return, according to its annual responsible investment report.
CalPERS commits to defined benefit
A set of 12 federal legislative policy priorities adopted by the board of CalPERS underpins the fund’s commitment to preserving defined benefit plans, and positions the fund firmly in the defined benefit camp in the debate over pension design.
