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The Foundations of Institutional Investing Learning Path is comprised of three courses covering the following areas: definition of a fiduciary and their duties, description of the capital markets and asset classes, and the importance of asset allocation and it's effect on investment return and asset volatility.  When you complete the three courses, you will be eligible for 1.0 Continuing Education Credit. Please note the Completion Certificate for this learning path will be available on the final module relating to Asset Allocation. Certain information herein has been compiled by Callan and is based on information provided by a variety of sources believed to be reliable for which Callan has not necessarily verified the accuracy or completeness of this publication. This report is for informational purposes only and should not be construed as legal or tax advice on any matter. Any investment decision you make on the basis of this report is your sole responsibility. You should consult with legal and tax advisers before applying any of this information to your particular situation. Reference in this report to any product, service or entity should not be construed as a recommendation, approval, affiliation or endorsement of such product, service or entity by Callan. Past performance is no guarantee of future results. This report may consist of statements of opinion, which are made as of the date they are expressed and are not statements of fact. Reference to or inclusion in this report of any product, service or entity should not be construed as a recommendation, approval, affiliation or endorsement of such product, service or entity by Callan. The Callan Institute (the “Institute”) is, and will be, the sole owner and copyright holder of all material prepared or developed by the Institute. No party has the right to reproduce, revise, resell, disseminate externally, disseminate to any affiliate firms, or post on internal websites any part of any material prepared or developed by the Institute, without the Institute’s permission. Institute clients only have the right to utilize such material internally in their business. Any mention of a specific company or organization should not be considered an endorsement or advice. Read more

This Learning Path, which offers 3.0 continuing education credits, is for those who want to build on institutional investing foundational learning, and is comprised of three courses answering the following questions: What is a fiduciary? What are capital markets and asset classes? When, why, and how do investment manager searches happen? What are investment committee best practices?   (Note: there is a separate learning path specifically for investment management interns) Subjects covered in these courses include: definition of fiduciary, defined contribution (DC) vs. defined benefit (DB), modern portfolio theory, capital markets theory and asset allocation, historical risk aversion, the power of diversification, portfolio mean-variance optimization, the importance of a structured manager search process, comparison of public (e.g. stocks, bonds) vs. private market (alternatives, real assets) searches, quantitative vs. qualitative factors, peer group rankings analysis, risk and performance metrics, and style analysis.  Certain information herein has been compiled by Callan and is based on information provided by a variety of sources believed to be reliable for which Callan has not necessarily verified the accuracy or completeness of this publication. This report is for informational purposes only and should not be construed as legal or tax advice on any matter. Any investment decision you make on the basis of this report is your sole responsibility. You should consult with legal and tax advisers before applying any of this information to your particular situation. Reference in this report to any product, service or entity should not be construed as a recommendation, approval, affiliation or endorsement of such product, service or entity by Callan. Past performance is no guarantee of future results. This report may consist of statements of opinion, which are made as of the date they are expressed and are not statements of fact. Reference to or inclusion in this report of any product, service or entity should not be construed as a recommendation, approval, affiliation or endorsement of such product, service or entity by Callan. The Callan Institute (the “Institute”) is, and will be, the sole owner and copyright holder of all material prepared or developed by the Institute. No party has the right to reproduce, revise, resell, disseminate externally, disseminate to any affiliate firms, or post on internal websites any part of any material prepared or developed by the Institute, without the Institute’s permission. Institute clients only have the right to utilize such material internally in their business. Any mention of a specific company or organization should not be considered an endorsement or advice. Read more

For Investment Management Interns:  This Learning Path, which offers 3.0 continuing education credits, is for those who want to build on institutional investing foundational learning, and is comprised of three courses answering the following questions: What is a fiduciary? What are capital markets and asset classes? When, why, and how do investment manager searches happen? What are the best ways to communicate with investment consultants and institutional investors?   Subjects covered in these courses include: definition of fiduciary, defined contribution (DC) vs. defined benefit (DB), modern portfolio theory, capital markets theory and asset allocation, historical risk aversion, the power of diversification, portfolio mean-variance optimization, the importance of a structured manager search process, comparison of public (e.g. stocks, bonds) vs. private market (alternatives, real assets) searches, quantitative vs. qualitative factors, peer group rankings analysis, risk and performance metrics, and style analysis.  Certain information herein has been compiled by Callan and is based on information provided by a variety of sources believed to be reliable for which Callan has not necessarily verified the accuracy or completeness of this publication. This report is for informational purposes only and should not be construed as legal or tax advice on any matter. Any investment decision you make on the basis of this report is your sole responsibility. You should consult with legal and tax advisers before applying any of this information to your particular situation. Reference in this report to any product, service or entity should not be construed as a recommendation, approval, affiliation or endorsement of such product, service or entity by Callan. Past performance is no guarantee of future results. This report may consist of statements of opinion, which are made as of the date they are expressed and are not statements of fact. Reference to or inclusion in this report of any product, service or entity should not be construed as a recommendation, approval, affiliation or endorsement of such product, service or entity by Callan. The Callan Institute (the “Institute”) is, and will be, the sole owner and copyright holder of all material prepared or developed by the Institute. No party has the right to reproduce, revise, resell, disseminate externally, disseminate to any affiliate firms, or post on internal websites any part of any material prepared or developed by the Institute, without the Institute’s permission. Institute clients only have the right to utilize such material internally in their business. Any mention of a specific company or organization should not be considered an endorsement or advice. Read more

As a growing number of corporations and institutional investors are pledging to reach net-zero greenhouse gas emissions, the visibility of energy-transition investments are increasing. During this interview, Aaron Quach and Jan Mende from Callan discuss the growing opportunities for investment within the energy transition space and how they can be incorporated into the portfolios of institutional investors.  Certain information herein has been compiled by Callan and is based on information provided by a variety of sources believed to be reliable for which Callan has not necessarily verified the accuracy or completeness of this publication. This report is for informational purposes only and should not be construed as legal or tax advice on any matter. Any investment decision you make on the basis of this report is your sole responsibility. You should consult with legal and tax advisers before applying any of this information to your particular situation. Reference in this report to any product, service or entity should not be construed as a recommendation, approval, affiliation or endorsement of such product, service or entity by Callan. Past performance is no guarantee of future results. This report may consist of statements of opinion, which are made as of the date they are expressed and are not statements of fact. Reference to or inclusion in this report of any product, service or entity should not be construed as a recommendation, approval, affiliation or endorsement of such product, service or entity by Callan. The Callan Institute (the “Institute”) is, and will be, the sole owner and copyright holder of all material prepared or developed by the Institute. No party has the right to reproduce, revise, resell, disseminate externally, disseminate to any affiliate firms, or post on internal websites any part of any material prepared or developed by the Institute, without the Institute’s permission. Institute clients only have the right to utilize such material internally in their business. Any mention of a specific company or organization should not be considered an endorsement or advice. Read more

In this most recent installment of the Callan Institute's Research Café: ESG Interview Series, Tom Shingler, ESG practice leader and Chris Fidler, a Head in the Codes & Standard team at CFA Institute, discuss the new Global ESG Disclosure Standards for investment products. This is the first global voluntary standards for disclosing how an investment products considers ESG issues in its objectives, investments process, and stewardship activities. They also discussed how asset managers can comply with these new standards and how asset owners can use them in their investment due diligence.  Certain information herein has been compiled by Callan and is based on information provided by a variety of sources believed to be reliable for which Callan has not necessarily verified the accuracy or completeness of this publication. This report is for informational purposes only and should not be construed as legal or tax advice on any matter. Any investment decision you make on the basis of this report is your sole responsibility. You should consult with legal and tax advisers before applying any of this information to your particular situation. Reference in this report to any product, service or entity should not be construed as a recommendation, approval, affiliation or endorsement of such product, service or entity by Callan. Past performance is no guarantee of future results. This report may consist of statements of opinion, which are made as of the date they are expressed and are not statements of fact. Reference to or inclusion in this report of any product, service or entity should not be construed as a recommendation, approval, affiliation or endorsement of such product, service or entity by Callan. The Callan Institute (the “Institute”) is, and will be, the sole owner and copyright holder of all material prepared or developed by the Institute. No party has the right to reproduce, revise, resell, disseminate externally, disseminate to any affiliate firms, or post on internal websites any part of any material prepared or developed by the Institute, without the Institute’s permission. Institute clients only have the right to utilize such material internally in their business. Any mention of a specific company or organization should not be considered an endorsement or advice. Read more

During this interview, Tom Shingler of Callan discusses with Richard Ashley, Partner and Co-chair of US Employee Benefits and Executive Compensation practice at DLA Piper key features of the new ESG and proxy voting rule and implementation considerations for plan sponsors.  Certain information herein has been compiled by Callan and is based on information provided by a variety of sources believed to be reliable for which Callan has not necessarily verified the accuracy or completeness of this publication. This report is for informational purposes only and should not be construed as legal or tax advice on any matter. Any investment decision you make on the basis of this report is your sole responsibility. You should consult with legal and tax advisers before applying any of this information to your particular situation. Reference in this report to any product, service or entity should not be construed as a recommendation, approval, affiliation or endorsement of such product, service or entity by Callan. Past performance is no guarantee of future results. This report may consist of statements of opinion, which are made as of the date they are expressed and are not statements of fact. Reference to or inclusion in this report of any product, service or entity should not be construed as a recommendation, approval, affiliation or endorsement of such product, service or entity by Callan. The Callan Institute (the “Institute”) is, and will be, the sole owner and copyright holder of all material prepared or developed by the Institute. No party has the right to reproduce, revise, resell, disseminate externally, disseminate to any affiliate firms, or post on internal websites any part of any material prepared or developed by the Institute, without the Institute’s permission. Institute clients only have the right to utilize such material internally in their business. Any mention of a specific company or organization should not be considered an endorsement or advice. Read more