Sarah Rundell

The $27 billion Nebraska Investment Council is conducting a deep dive into its fixed income portfolio, inviting up to 25 current and potential external managers to pitch their best ideas. The process begins by wiping any preconceived notions around the allocation’s role in the overall portfolio and justifying its place as if from scratch. It ends two years later with the issuing of mandates.

Mark Walker, CIO of the UK’s £21 billion ($27 billion) Coal Pension Trustees (CPT), is building a strategy markedly different from what most UK defined-benefit funds do.

The notion that an organisation can build a new identity from a strategy that champions continuity may sound like an oxymoron. But looking at the recent sweeping changes at the UK’s £50 billion ($64 billion) British Telecom Pension Scheme (BTPS), the idea makes perfect sense. BTPS has recently brought its liability-driven investment (LDI) and gilts […]

Investors need to be patient and harvest the power of compound returns, urged Myron Scholes, the Frank E. Buck Professor of Finance, emeritus, at Stanford University, and a Nobel laureate in economic sciences. Speaking at the Fiduciary Investors Symposium at Stanford University, Scholes also urged investors to use option prices as a source of information […]

Paul Polman, chief executive of Unilever for the last decade, describes his day job as running the global consumer goods company. His full-time job is trying to create a different kind of global capitalism. In an inspirational speech to delegates at the PRI in Person in San Francisco, he announced the changes he said society […]