How Western pensions are addressing new tech risks

Western pension funds are growing increasingly aware of the importance of technology and data analysis, both for how they invest and what they invest in. But they are also becoming more wary of the potential pitfalls, like some of their peers in Asia. Both the Teacher Retirement System of Texas (Texas TRS) and UK defined contribution scheme National Employment Savings Trust (Nest) rely on external managers to invest in fast-evolving areas of artificial intelligence (AI) and so-cal…