Danish pension fund PKA was one of the first institutional investors to implement a factors-based investment approach. But the recent dismal performance of these strategies is testing the faith of the fund, Deputy CIO Michael Flycht says.
Most asset owners are over-diversified and rely too much on market capitalisation weighted benchmarks for them to deliver optimal long term pension benefits, Dutch pension fund PGGM says.
Bringing select asset management functions in-house puts you in a better position to engage with external managers, UniSuper’s John Pearce says.
TCorp’s new structure places portfolio construction at the heart of its investment process, focusing on a whole-of-fund approach, CIO Stewart Brentnall says.
As sovereign wealth funds grow, their governance structure needs to be strengthened, but any change comes with its own set of risks, Dr Sung Cheng Chih, former Chief Risk Officer of GIC, says in an interview with [i3] Insights.
Sunsuper has lift the hood on its partnership program and the results are surprising to say the least.
As the rate of technological change speeds up, investment portfolios become increasingly vulnerable to disruption, Sam Sicilia says.
Reserve Bank of New Zealand Governor urges Pacific Islands funds to be decisive but take a measured approach to restructuring their funds.
The Future Fund has replaced two-thirds of its hedge fund managers, or $14 billion worth of assets, in a four-year overhaul of its hedge fund portfolio, in an effort to reduce beta exposure.