Three Ideas that Came of Age in 2018

Reading Time: 5 minutes 1. The Universal Owner Did you go to many investment conferences in 2018? You probably don’t need me to tell you that ESG (Environmental, Social and Governance) considerations have been brought front and centre this year. I think this theme can be interpreted at a higher level in terms of how asset owners weigh externalities … More Three Ideas that Came of Age in 2018

[Books] Wiser – how group decisions can let us down

Reading Time: 5 minutes I’m sure you can picture the scene. A group sits down to make a critically important decision. Much discussion follows. One person after another lays out their views, lots of points are made. There are some clear areas of agreement. Nods all round. The answer starts to become clear. With a few changes a consensus … More [Books] Wiser – how group decisions can let us down

One minute guide to real-world AI implementation 

Reading Time: 4 minutes McKinsey just published an excellent and comprehensive paper covering how Artificial Intelligence (AI) can deliver real value for business. tl;dr The only issue – at 80 pages it’s a lot to read. A lot of the use cases focus on retail, energy and education, one angle I find particularly are the read-across of these examples into … More One minute guide to real-world AI implementation 

Two Days Among Actuaries

Reading Time: 4 minutes Just back from a couple of great  (sunny!) days in Edinburgh for the institute of actuaries conference which importantly this year incorporated pensions, investment and risk components together for the first time. Quite a lot of interesting takeaways and observations from around the industry. As Marian Elliott said in the first session  “To the worm … More Two Days Among Actuaries

Roboadvisor Europe 2016 – The Future?

Reading Time: 2 minutes The future of asset and wealth management? A thoroughly excellent event was organised by Level39 in London on 25 May 2015, featuring speakers from all the key players and analysts in the fairly nascent European roboadvisor scene and around 250 delegates. My five top takeaways are below, or you can read my storify story here. … More Roboadvisor Europe 2016 – The Future?

Taming Pension Risk? 

Reading Time: 5 minutes This article first appeared in the May 2016 edition of The Actuary magazine (here) The past 10 years have been a uniquely challenging, volatile and uncertain period for UK defined benefit pension schemes. How well have they weathered the storm? We found out by analysing data published by the Pension Protection Fund (PPF) in its … More Taming Pension Risk? 

Five lessons from UK Pensions for SWFs and Others

Reading Time: 4 minutes UK pension funds have been through a hell of a ride over the last 10 years, and more. changes in regulation, longevity, interest rates, equity markets and the changing fortunes of sponsoring companies have all contributed to making the UK pension industry a tricky place. But are the lessons learnt relevant to other investors, particularly Sovereign … More Five lessons from UK Pensions for SWFs and Others