After 23 years in charge, CalSTRS departing CIO Chris Ailman has more stories from the investment frontline than most. He shares personal recollections of the GFC, his fears of the scale of the climate emergency and why worrying levels of US debt hold new risk and opportunity for investors.
In a recently published review, Brunel Pension Partnership vows to “turn the screws” on managers and its holdings via increased RI expectations and warns that rosier economic forecasts of lower interest rates and tamed inflation may not come true.
The Global Pension Transparency Benchmark, a collaboration between Top1000funds.com and CEM Benchmarking, ranking pension funds globally on their transparency of disclosures, will make a number of process improvements to the 2024 survey.
PGGM’s Wilfried Bolt explains how the end of quantitative easing (QE) has changed the asset manager’s hedging strategy and prompted a keen focus on liquidity. He also explains the rationale behind managing more of the corporate bond allocation in house.
NBIM, KLP, AP7 and CIV are integrating new nature-related risks in their portfolios in accordance with TNFD recommendations. In contrast to the focus on emissions in sister framework TCFD, a key challenge is finding a cause to hone in on given nature is frequently complex and intangible.
Commodities are at the heart of the energy transition, impacting both the coming structural decline of fossil fuels and the demand for the new economy critical materials. But the reality is that many investors are reluctant to talk openly about commodities because of the negative perceptions of the sector.
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