The Colleges of Applied Arts and Technology Pension Plan is betting that artificial intelligence and machine learning will play a role in pension administration going forward. “I won’t pretend that we’re Netflix or Tesla in this, but we are [taking] small steps today so we can take advantage of these advances of technology into the […]
The Canadian Investment Review’s Sustainable Investing Award will be presented to a pension plan that has shown leadership and/or significant progress when it comes to incorporating sustainability into the investment process. This will consider sound practices related to environmental, social and governance matters across asset classes and can include considerations related to people management within […]
With a rise in big data and artificial intelligence, institutional investors are starting to look for staff with different skills. Much of the success in the investment management industry depends on managers’ abilities to analyze information in a systematic way and generate actionable insights, says Jason Stefanelli, director and head of Canada at William Blair […]
If institutional investors want alpha, there’s one sector in particular where they can find it, said Jeremy Yeung, vice-president of portfolio management and portfolio manager at Signature Global Asset Management. “Technology is an inefficient market, that’s where all the alpha is,” he noted, speaking at an event hosted by the CFA Society Toronto on Wednesday. […]
Around the world, people are streamlining their everyday tasks by asking Siri or Alexa for help. And now, the chatbot concept is becoming useful in fixed income investing. AllianceBernstein has introduced a chatbot called Abbie for its professional investors to use. “We’ve integrated Abbie into all areas of our investment process to help us invest […]
A professor of finance at York University has developed a new tool to help people who are saving for retirement through multiple vehicles ensure that when looking at their portfolios in total these are well-diversified. The tool, Wealthscope, was developed by Pauline Shum Nolan, who is also a member of the university pension fund’s investment […]
What if institutional investors could turn their portfolio companies’ quarterly earnings calls into actionable data by analyzing their sentiment over time? The Alberta Investment Management Corp. is attempting to do just that, in partnership with Edmonton-based machine learning company AltaML Inc. Using a form of artificial intelligence called natural language processing, AltaML is analyzing the […]
Traditionally, all finance students had to learn statistics, and, in the future, this will likely shift into finance students requiring machine learning, said John Hull, professor of finance and Maple Financial Group Chair in derivatives and risk management at the University of Toronto’s Rotman School of Management. “It’s not that our students are actually going […]
“If you torture the data long enough, it will confess.” Opening the keynote address at the Northern Finance Association Conference in September with this quote by Nobel Prize-winning economist Ronald Coase, Campbell Harvey, professor of finance at Duke University, spoke about the challenges of using data empirically. He cited being careful about data selection, delegation, […]
Looking at South Korea today, it’s hard to believe the country was one of the world’s poorest just a few decades ago. But since the 1960s, its economy has been growing quickly. “In fact, from the mid-1960s to the mid-1970s, it had one of the highest growth rates in the world, and at times in […]