Public Pensions Are 'Missing The Boat' In Private Markets | Mansco Perry, Executive Director & CIO, Minnesota State Board of Investment | Q&A
Mansco Perry, III is the executive director and chief investment officer of the Minnesota State Board of Investment. In this interview, he discussed how being a lawyer is a good foundation as an investor; how the organization deals with retaining investment talent; and why larger plans and investor peers are missing the boat when it comes to private markets.
New Mexico Educational Retirement Board Focusing On Diversifying Assets | Bob Jacksha, Chief Investment Officer | Q&A
Bob Jacksha has been chief investment officer for the New Mexico Educational Retirement Board since 2007. In this interview, he tells us about New Mexico ERB's investment division and strategic asset allocation strategy; how they are building a more diversified portfolio that could compound well; and how they intend to play the upside during a market downturn.
The Trusted Insight Summit 2019 was the preeminent gathering of 300+ chief investment officers, senior-level institutional investors, contrarian thinkers, and leading entrepreneurs. This highlight video recaps the flagship event that covered the latest innovation in tech and future of global asset management. It was hosted on June 19-20th, 2019 in San Francisco, CA.
Eric Kirsch is the executive vice president and global chief investment officer at Aflac, where he oversees the $100 billion-plus investment portfolio and investment teams based in New York and Tokyo. In part two of this interview, he discusses what it's like leading Aflac's Global Investments team through very challenging periods, Aflac's asset allocation strategy and the three main trends that he foresees in the investment environment.
The IPC Media Pension Scheme has appointed BlackRock as its fiduciary manager to look after assets of around ÂL600m
Most assets in the world are allocated to equity funds Bonds and other asset classes together have a similar allocation at around US$9tn The money market has the smallest asset allocation Asset Management Fees Fall For The First Time Since [âS]
Investors are ignoring their own warnings The monthly Global Fund Manager Survey by Bank of America Merrill Lynch (BAML) is one of the most authoritative surveys in financial markets. In canvassing the views of 200 or so institutional, mutual and hedge fund managers around the world with some US$600 billion of assets under management, the report provides an overview of investor sentiment and sheds light on the key factors influencing the asset allocation decisions of money managers.
It was the sale of his company that led Kenneth Akeson to set up a business designed to help individuals and families of substantial wealth to manage their lives better when it came to things like bill paying and administration.
The election of Donald Trump to presidency was a significant political event in 2016 that profoundly shaped the expectations and strategies of institutional investors. In part one of the “Trumponomics 101” panel at Trusted Insight’s Alpha Conference, chief investment officers from university endowments, health care systems and corporations revisited the asset allocation decisions they made before and after the election and the thinking behind it.<br /> <br /> Panelists include Chris Li, CIO of Lockheed Martin; David Holmgren, CIO of Hartford HealthCare; Stuart Mason, CIO of the University of Minnesota, and Sam Gallo, CIO of the University System of Maryland Foundation. The panel was taped during Trusted Insight Alpha Conference on Jun. 14, 2017 in San Francisco.
Most long-term approaches to investing, like tactical asset allocation or factor investing, are designed to trade infrequently, generally once a month or once a quarter. This is a feature, not a limitation. Trading infrequently forces a strategy to ignore day-to-day noise and focus on long-term trends. This reduces the negative impacts of turnover, including transaction costs, taxes and whipsaw. (Corey Hoffstein has written an excellent piece on rebalance frequency here). For a number of reasons (but mainly for simplicity’s sake), researchers usually show the historical performance of these infrequent trading strategies based on end of month data. But as we’re about to...