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2 months ago | 
professionalplanner.com.au | Chris Dastoor |Beata Kuczynska |Simon Hoyle |Darcy Song
David Bell (left) and Geoff Warren
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2 months ago | 
professionalplanner.com.au | Simon Hoyle |Aleks Vickovich |Chris Dastoor
Such is the nature of memory in Australia’s superannuation system that, in the long and increasingly brutal admin debate, the name “Superpartners” has not been invoked once. Founded in 1983, Superpartners was an industry fund-owned administration platform that, at its height, handled 6.3 million super accounts across 700,000 employers totalling $80 billion in assets.
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Dec 5, 2024 | 
top1000funds.com | Amanda White |Simon Hoyle |Sarah Rundell |Darcy Song
Transparency is key to building trust according to executives at Norges Bank and the United Nations Staff Pension Fund. They discussed the benefits, and limitations of transparency at the Fiduciary Investors Symposium at the University of Oxford. The Government Pension Fund Global, the giant Norwegian sovereign wealth fund, achieved a perfect score of 100 in this year’s Global Pension Transparency Benchmark (GPTB).
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Dec 5, 2024 | 
top1000funds.com | Simon Hoyle |Amanda White |Sarah Rundell |Darcy Song
Artificial intelligence continues to make inroads into the investment operations of major asset owners, but most are proceeding with a high degree of caution and setting clear boundaries around what the technology is and is not permitted to do, while resisting the temptation to allow AI to dictate organisational change.
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Nov 21, 2024 | 
top1000funds.com | Sarah Rundell |Chris Dastoor |Amanda White |Simon Hoyle
Ian Goldin, professor of globalisation and development, senior fellow at the Oxford Martin School and professorial fellow at the Balliol College, University of Oxford, sketched an emerging world characterised by a rising Asia and a declining West. At the Fiduciary Investors Symposium in Oxford, he said the aging population in Western economies will spend more on services, productivity growth will slow, and investment as a share of GDP will fall.
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Nov 18, 2024 | 
top1000funds.com | Sarah Rundell |Amanda White |Simon Hoyle
Industry participants have reacted positively to the UK government’s proposed evolution to the local government pension pools, but some pool executives say more clarity is needed on the suggestion that reform could see the establishment of new pool companies or mergers between pools. Either way, the reform signposts significant capacity building and costs for all pools, whatever their starting point.
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Nov 11, 2024 | 
top1000funds.com | Sarah Rundell |Amanda White |Simon Hoyle
In a dramatic purge in a pension sector renowned for its stable governance, the government in Canada’s western province has removed the entire board of the $160 billion Alberta Investment Management Corporation (AIMCo) and sacked its CEO, citing rising costs and poor returns. The province’s finance minister conservative Nate Horner, who has been in the position since June 2023, has been appointed the sole director and chair for AIMCo on an interim basis.
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Nov 5, 2024 | 
top1000funds.com | Simon Hoyle |Sarah Rundell
Artificial intelligence is, at its core, a technology for making predictions. The trick to making it work productively is to frame the things it is asked to do as prediction problems: given what has already happened, what is the next most likely thing to happen, and how do we prepare for that? That’s why it potentially lends itself well to an investment setting. Investing, at its core, is also about making predictions – and the faster and the more accurate the better.
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Oct 30, 2024 | 
top1000funds.com | Amanda White |Simon Hoyle |Sarah Rundell
Benchmarks are highlighted in the CFA Institute paper, Net Zero in the Balance: A guide to transformational thinking as among the historical norms in finance practice that make investing in climate challenging. MSCI Institute’s Linda-Eling Lee talks to Top1000funds.com about the complexities and evolution of climate benchmarks including the use of balanced scorecard-toolkits that are improving the technology.
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Oct 29, 2024 | 
top1000funds.com | Sarah Rundell |Amanda White |Simon Hoyle
Engagement leads to more companies introducing KPIs; corporate Scope 3 emission reporting often results in companies reporting more emissions than they have and measuring nature-related risks is extremely complex. Just some of the key take homes from Japan’s $1.7 trillion (¥245.98 trillion) Government Pension Investment Fund (GPIF) 2023 ESG Report. As a universal owner (82.3 per cent of the portfolio is passive) GPIF is exposed to climate and biodiversity risk across the portfolio.
