Guys. There are apparently new cows that don’t fart as much because climate change. Climate-friendly cows take the wind out of their diet, The Australian Ashby Monk (@sovereignfund)
Read moreCanadian Pension Plans Active in Infrastructure
For normal not weirdo pension people like me and probably you, it must really be strange that 10 or so pension plans from Canada are so active in the global infrastructure marketplace. Why are Canadian funds placing India bets?, Livemint Ashby...
Read moreDavid Druley – Structure into Action at Cambridge Associates (EP. 106)
David Druley is the CEO of Cambridge Associates, a global investment firm that works with premier institutional investors and family offices to manage custom investment portfolios that aim to generate outperformance so they can maximize their...
Read moreWesleyan CIO Anne Martin on Manager Selection
Besides asset allocation, manager selection is a key component to managing an endowment. Day-to-day management of the endowment falls to Martin and her staff. Evaluating and monitoring dozens of managers—whose expertise ranges from U.S. equities...
Read moreSouth Africa’s State Pension to Raise Foreign Exposure
South Africa’s GEPF considers raising its foreign exposures above 7%, which seems rather wise given that 7% is only 7%. 7% invested outside the like economy feels to me like GEPF might have an unhealthy home bias. South Africa’s GEPF...
Read moreMaryland State Pension to Report All Fees Paid
Maryland pension system reported $372 million of fees paid to external managers in 2018. The actual amount of fees was probably closer $570 million. A new law will force the fund to be transparent and stop pretending that carry is not a fee. When...
Read moreSouth Africa Considering Sovereign Wealth Fund
South Africa ponders a new sovereign fund. South Africa’s sovereign fund plan has its sceptics, but it can work, Reuters Ashby Monk (@sovereignfund)
Read moreMichael Novogratz – Galaxy Digital (First Meeting, EP.06)
Mike Novogratz is the CEO of Galaxy Digital, a merchant bank with a balance sheet to invest that seeks to serve as the bridge between the crypto and institutional investment worlds. Mike is well-known speculator who started his career at...
Read moreDavid Swensen and His Influence at Yale and Beyond
It is said that imitation is the sincerest form of flattery. The most obvious and knocked-off element of Yale’s strategy is its radical bet on private markets. When Swensen left Wall Street and took over Yale’s endowment in 1985, nearly three...
Read moreCreating the Second Biggest Superfund in Oz
First State Super to merge with VicSuper to create 2nd biggest superfund in Oz. Imagine we had consolidation like this in the US. Public plans forced to consolidate teams and reconcile their return objectives with their actual operating model...
Read moreNew Boss for Egypt’s Sovereign Wealth Fund
Egypt will finally appoint a boss for its new SWF… Four nominees shortlisted for Sovereign Wealth Fund executive manager: Minister, Egypt Independent Ashby Monk (@sovereignfund)
Read moreAlignment of Interests on Fee Negotiations
Amazing what happens when long-term investors prioritize alignment of interests in their fee negotiations… GPIF’s alignment push sparks sharp fee drop, Pensions&Investments Ashby Monk (@sovereignfund)
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