Institutional investors should look toward the sovereign wealth funds of Norway and New Zealand in their quest for sustainable investing, according to a recent paper.
From aiCIO Magazine's February Issue: Like printed magazines, the demise of defined benefit has long been predicted. We're still waiting for those prognosticators to be right.
From aiCIO Magazine's February Issue: The old world—where portfolio managers could scale, where client service was somehow less about intellect and more about bonhomie, where alpha was always just within reach—was a vastly preferable one for asset managers.
From aiCIO Magazine's February Issue: Ewart Williams, Director of Investments at the Heritage and Stabilization Fund, Trinidad and Tobago, runs the Caribbean nation’s Sovereign Wealth Fund (SWF) in addition to being governor of its central bank.
From aiCIO Magazine's February Issue: Cees Dert and his team ask the trustees of the Dutch ABN Amro pension scheme where they want to be, and only after they have answered does he reveal how he plans to get them there.
From aiCIO Magazine's February Issue: State Street's transition management problems have been revealed, but ConvergEx will soon take the lead as the posterboy for the industry's misdeeds. Reported by Kip McDaniel and Elizabeth Pfeuti.
California's local pension systems have over $130 billion in unfunded liabilities, a number that has been largely ignored as the state's unfunded liability has historically stolen the spotlight.