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Hiro Mizuno

Founder & CEO, Good Steward Partners · 1 appearance on the record.

computed by AI from the episodes · how this works → · full disclaimer →

investorexecutivefounder@hiromichimizuno ↗Wikipedia ↗

Mizuno is best known for integrating environmental, social, and governance principles across the Japanese Government Pension Investment Fund during his tenure as CIO from 2015 to 2020. He subsequently served as the United Nations Secretary-General’s Special Envoy on Innovative Finance and Sustainable Investments and held a board seat at Tesla.

32statements → 8claims → 5claims resolved → 80%fully supported → 3.94/5average certainty → 2.53/5average debate potential → ≈4.0/5argument clarity, estimated → 1said about them ↓

4 supported 0 partly supported 1 contradicted 3 not checkable as stated how the 8 claims stand · each chip opens the sources

1 prediction · 7 assertions · 5 opinions · 13 insights · 6 disclosures · every statement was checked. The prediction and assertions are the 8 claims: statements the public record can support or contradict. 5 are resolved, and 3 name no date, number or outcome precise enough to check. Everything else (opinions, insights, what ifs, disclosures) can never be settled by the record, so it carries no assessment.

The record, in short

What the tape says about how Hiro argues and how the claims held up. Everything they said, and everything said about them, is in the tabs below.

Their most notable supported claim

Assertion Supported
Mizuno: GPIF brand-name active managers delivered zero net alpha over 20 years
“GPF's brand name active managers portfolio delivered zero ultra net of fee. Over almost 20 years of GPF history.”
Hiro Mizuno Jul 9, 2020 ▶ 23:16 Sustainable Investing 10: Hiro Mizuno – Changing the Game (Capital Allocators, EP.148)

Their most notable contradicted claim

Assertion Contradicted
Mizuno: CFA and MBA curriculums lack even one chapter on ESG
“Given now the ESG is one of the hottest topic in the industry, but there's not even a chapter in a CFA curriculum or MBA curriculum.”
Hiro Mizuno Jul 9, 2020 ▶ 55:38 Sustainable Investing 10: Hiro Mizuno – Changing the Game (Capital Allocators, EP.148)

How they sound: not measured why? →

We measure speaking style by listening to the audio itself, and a fair number needs at least 2,000 words from one person on tape we have measured. There is too little of Hiro Mizuno on measured tape to publish a rate. This says nothing about how they speak.

Everything Hiro Mizuno said on Capital Allocators that made the record, most notable first. Filter by type, assessment or year in the ledger →

Assertion Not checkable as stated
Mizuno: Performance fee structure improved net alpha odds by roughly 30%
“We simulated, and I think the introducing that the fee structure only improved the chance of creating net of fee offer by almost like a 30%.”
Hiro Mizuno Jul 9, 2020 ▶ 27:41 Sustainable Investing 10: Hiro Mizuno – Changing the Game (Capital Allocators, EP.148)
Disclosure
Mizuno: GPIF weighted stewardship at 30% in passive manager evaluations
“So we changed our evaluation scoring model. To allocate 30% of the total score to the stewardship activities in the evaluation of passive managers.”
Hiro Mizuno Jul 9, 2020 ▶ 33:25 Sustainable Investing 10: Hiro Mizuno – Changing the Game (Capital Allocators, EP.148)
Insight
Mizuno: Asset management is overly afraid to act without standardized metrics
“I always find that this industry, we are very afraid of doing something new without having a clear concept of a measurement and a standardized data set. But I always think that in real world, you need to start it. But when we started, we need to make sure that…”
Hiro Mizuno Jul 9, 2020 ▶ 39:14 Sustainable Investing 10: Hiro Mizuno – Changing the Game (Capital Allocators, EP.148)
Opinion
Mizuno: Passive managers' influence over corporate executives has drastically increased
“The passive manager used to be very easy ones, because they actually either just follow the ISS and address this type of the proxy voting advisors, advisors, advisors, but now they actually have their own, they seem to have their own opinion. And they actually…”
Hiro Mizuno Jul 9, 2020 ▶ 41:46 Sustainable Investing 10: Hiro Mizuno – Changing the Game (Capital Allocators, EP.148)
Insight
Mizuno: Asset owners focus on entitlements but ignore owner responsibilities
“Because the asset owner, we always talk about our entitlement as the owner. But on the other hand, we usually very, very lack time to talk about our responsibility as the owner.”
Hiro Mizuno Jul 9, 2020 ▶ 54:30 Sustainable Investing 10: Hiro Mizuno – Changing the Game (Capital Allocators, EP.148)
Assertion Contradicted
Mizuno: CFA and MBA curriculums lack even one chapter on ESG
“Given now the ESG is one of the hottest topic in the industry, but there's not even a chapter in a CFA curriculum or MBA curriculum.”
Hiro Mizuno Jul 9, 2020 ▶ 55:38 Sustainable Investing 10: Hiro Mizuno – Changing the Game (Capital Allocators, EP.148)
Prediction Not checkable as stated
Mizuno: Paris Agreement goals will probably fail without universal ESG finance adoption
“And if I fail to do that, or we fail to do that, probably we wouldn't achieve what the Paris Agreement or some of the sustainability goals that people are talking about.”
Hiro Mizuno Jul 9, 2020 ▶ 56:58 Sustainable Investing 10: Hiro Mizuno – Changing the Game (Capital Allocators, EP.148)
Disclosure
Mizuno: The Little Prince was the model for GPIF's stewardship framework
“When I came up with the concept of what's the right stewardship activities for universal ownership, the book I referred to was the Little Prince. Little Prince was the best role model for me to be a good steward.”
Hiro Mizuno Jul 9, 2020 ▶ 1:00:02 Sustainable Investing 10: Hiro Mizuno – Changing the Game (Capital Allocators, EP.148)

The other half of the tape: Hiro Mizuno's own voice is left out of every number here. Other people bring the name up 1 time in 1 episode on Capital Allocators. every mention, with the transcript →

Who brings them up most Ted Seides 1

Every mention by year

tap a year for its mentions
0011112020episodesmentions
0112020episodes it came up in
000.50.5112020episodesmentions per episode
2020 1 mention in 1 episode

Appearances (1)

EpisodeDateSpeaking time
Sustainable Investing 10: Hiro Mizuno – Changing the Game (Capital Allocators, EP.148) Jul 9, 2020 48m
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