Insights

VicSuper – The Importance of Stakeholder Management

How to Spot a Unicorn

What is the real difference between venture capital and private equity? Right Click Capital partner Benjamin Chong gives his view and provides a road map to how to spot unicorns.

Real Estate Profile – Cbus Property

Asset Owners, Real Estate

As the search for yield has driven up prices of commercial properties, many pension funds are scrambling around to find investments with decent risk/return characteristics. It is a problem that Cbus hasn’t had to deal with, largely because it owns a fully-fledged property developer in Cbus Property that has a healthy pipeline of projects. Florence Chong speaks with Cbus Super’s Grant Harrison about risk management, ESG and external managers.

Funds SA Consolidates After Rapid Growth

Asset Owners, Women in Finance

Funds SA has grown rapidly in recent years and now stands at over $30 billion in assets. CEO Jo Townsend speaks to [i3] Insights about the next phase of growth, whether insourcing is on the cards and what it means to be an Adelaide-based investment organisation.

Managing Other People’s Money

ESG

Investment governance tries to codify how to put safeguards around managing other people’s money, Michael Drew and Adam Walk say.

MMT – In Conversation with Bill Mitchell

Economics

Professor Bill Mitchell is one of the key developers of Modern Monetary Theory. [i3] Insights visited Professor Mitchell in Newcastle to discuss how the theory came to be and what it says about government debt, inflation and the Green New Deal.

No Data Lakes Please!

Factors, Quant & Systematic

Gideon Smith believes machine learning will offer investors plenty of opportunities to create a special sauce for their investment process. But if you think it is simply about capturing large amounts of data, then you’ve got it wrong, he says.

MarketFox – The Curse of Information

MarketFox

In this final column, MarketFox columnist Daniel Grioli looks at performance evaluation, which is fraught with danger, including from hindsight bias, information projection and the illusion of transparency.

Taking Risk Parity Inhouse at PSERS

Asset Allocation & Strategy, Asset Owners, Risk and Regulation, Women in Finance

The US$ 55 billion Pennsylvanian pension fund PSERS embraced risk parity in an effort to address the asset allocation challenges laid bare by turmoil during the global financial crisis.

Is the Future of Fund Management Direct to Consumer?

Innovation

As fund managers face increasing cost pressures from governments, regulators and institutional investors alike, the future of this industry might be in engaging directly with the end investors. OpenInvest’s Andrew Varlamos believes technology will be the ultimate enabler of this vision.