Briefings, research, charts and analysis on the institutions, capital flows and systemic risks shaping long-horizon portfolios.
Ontario Teachers' Pension Plan pioneered direct private market investing. Here is how the fund is structured, what changed in 2025, and why it remains a benchmark for pension fund management.
How CDPQ manages Quebec's collective savings, where it invests globally, and why it has become a blueprint for large-scale direct infrastructure and private markets investing.
Agent-based stress test of 'Stock-bond correlation regime break — the 60/40 / LDI hedge fails' — 5 blind-spot probes for the desk. 0pp, calibration-gated.
$700B in AI capex. 49 GW of missing power. Listed infrastructure at 2009 prices.
$700B in AI capex. 49 GW of missing power. Listed infrastructure at 2009 prices.
$700B in AI capex. 49 GW of missing power. Listed infrastructure at 2009 prices.
$700B in AI capex. 49 GW of missing power. Listed infrastructure at 2009 prices.
Vol. 1, No. 39 · Juneteenth · Final QC — Ghost video + verified links.
Vol. 1, No. 39 · Juneteenth · CORRECTED: Ghost-hosted video, verified links.