If Warren Buffett could not have built Berkshire without Charlie Munger, the same could be said of David Swensen and Dean Takahashi. Many consider Swensen and Yale to be the greatest CIO and institutional fund in history. Its success has changed...
Read moreGermany’s Pension Reserve Fund to Follow UN’s PRI
I’ve done over 12,000 tweets, and I think this is the first time I’ve done one on Germany’s pension reserve funds. Hopefully this means they are ready to engage in global debates! Could be a great source of insight that’s...
Read moreHow Sovereign Development Funds Make Money
This article Caroline Nowacki and I did this year could just as easily be titled, “How Sovereign Development Funds Actually Do Development and Make Money At The Same Time”. Bridging Institutional Logics to Lead Regional Development...
Read moreTexas Teachers to Open Overseas Office in Singapore
Texas Teachers is setting up another overseas office; this one in Singapore. Asia Digest: Australia sets up wine industry accelerator; Texas Teachers to set up SG office, DEALSTREETASIA Ashby Monk (@sovereignfund)
Read moreEric Ries – Lean Start-Ups and the Long-Term Stock Exchange (EP.107)
Eric Ries is the founder and CEO of LTSE, the company that is affiliated with the SEC-approved Long-Term Stock Exchange, which seeks to build a new relationship between companies that are built to last and the stakeholders who believe in...
Read moreNew Team and New Office at Cornell Endowment
After reporting its endowment results last year, the school shared what changes they were making. Over the last year, the Office of University Investments made several changes to its portfolio strategy and management, including revamping its...
Read moreReturn Expectations at America’s Public Pensions
Just realized that, 30 Years ago, when everybody thought using 8% expected return targets to discount public pension liabilities was a good idea, US treasuries were above 8%. America’s Public Pensions Are Stuck In The Clouds, The Wall Street...
Read moreFarting Cows and Climate Change
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...
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