While he doesn't advocate forced vaccinations, the world-renowned medical professor and heart and lung intensive care specialist expressed frustration with poor leadership and the media "beat up" on blood clots, which has undermined confidence in the global vaccine rollout.
The pandemic and a changing technology environment are rapidly shifting the recruitment landscape for investment management operations teams, according to financial services specialists in human resources.
Offshore is becoming attractive for funds willing to look outside the traditional staples of the asset class as long as they have the right team picking the right assets, a panel of consultants has discussed.
The $50 billion fund's deputy CIO - brought onto the panel to replace a sick Sam Sicilia - said the fund had enough liquidity amidst the early release scheme to manage "well beyond even the worst scenario we could imagine".
When Covid-19 hit, Arndt was considering whether to apply for the CEO role vacated by David Neal. In the blink of an eye, none of that mattered. Since taking the job, he’s come to realise the market crisis was just the front end of a massive wave of change.
The move away from traditional 60/40 benchmark portfolios may have been hastened by the pandemic and our ultra-low rate environment, says the fund’s head of strategic partnership, but the writing has been on the wall for a number of years.