Newsmakers

Photo Gallery: aiCIO Industry Innovation Awards

On December 2, 2010, aiCIO hosted asset owners and asset managers from across the globe for our inaugural Industry Innovation Awards. See who was in attendance – and who won awards – via our photo gallery.

The Social Network/Accidental Billionaires: The Story & Myth of Facebook, Reviewed by Editor-in-Chief Kip McDaniel

[Disclaimer: I must admit that I am entirely biased with regards to this review. The now-famous Winklevoss twins and I were classmates at university and rowed on the same crew team for four years, which is important because it was during this time that they became entwined with – or invented, depending on who is to be believed –Facebook. I consider them good friends. Thus, I naturally lean towards one side of the argument more than another.]

The Quants, Reviewed by Editor-at-Large Joe Flood

Scott Patterson's book serves as something of a corrective to the prevailing narrative on Wall Street over the past few decades—that raw cognitive abilities and ever more complex mathematical models will smooth out risk and bring us the Great Moderation.

The Origins of Innovation

From aiCIO Magazine: Editor-at-Large Joe Flood executes the ultimate tie-in-reviewing a book on the roots of innovation (whose author shares an editor with Flood) two weeks after our Industry Innovation Awards. Kudos, Flood.

Yes We Do!

From aiCIO Magazine: This is the new era of fund administration—the ‘Yes We Do’ era, not just for administrators, but for managers, as well as end investors. Bonnie Scott reports.

Mercer Abandons Public Pension Plans

The Consultant Corner from aiCIO Magazine: As the consultant industry—an expensive, time-consuming, litigious space—continues to shift, one can't help wonder if other firms will follow Mercer's lead in a clustering effect, spurred by fear of being the last out. aiCIO Senior Editor Paula Vasan reports.

Innovation, Meet CalSTRS. CalSTRS, Innovation.

From aiCIO Magazine: CalSTRS is quietly undermining public funds’ staid image with a unit focused exclusively on testing new investment strategies. aiCIO Editor-in-Chief Kip McDaniel reports.

The Chinese Are Coming! Oh, Sorry, I Meant the Albertans

From aiCIO Magazine: With 52% of world reserve supply, the Canadian government, along with the Potash Corporation of Saskatchewan and two minor producers, collude to keep potash prices artificially high. Editor-in-Chief Kip McDaniel reports.

Winners of aiCIO's Industry Innovation Awards for Asset Owners

aiCIO congratulates asset owners -- public and corporate pensions, endowments and foundations, and insurance general accounts -- that have successfully understood and acted upon material risks in today's markets, delivering long-term and consistent results to establish a solid foundation for future returns.