Editorial
Remembering David Villa
David Villa, executive director and chief investment officer of the State of Wisconsin Investment Board, passed away on the weekend. Amanda White reflects on his legacy.
Amanda WhiteFebruary 16, 2021
Organisational Design
SWIB praises tech overhaul
Portfolio-level views of risk and alpha-generating strategies help explain why the State of Wisconsin Investment Board says its technology refresh has already paid for itself.
Sarah RundellJanuary 10, 2018
Strategy
SWIB sits out the long winter
SWIB is in unprecedented territory with half of the fund’s assets in passive strategies. But it is building a portfolio of hedge funds and an internally managed, multi-asset division.
Sarah RundellApril 15, 2016
Amsterdam 2013
Hybrids win governance race: Wisconsin research findings
Hybrid pension schemes, combining both defined contribution and defined benefit characteristics, are best for governance because they align interest of both employees and sponsors argue David Villa, chief investment officer of the $91-billion State of Wisconsin Investment Board (SWIB) and Sorina Zahan, partner and chief investment officer of Chicago-based Core Capital Management, speaking at Conexus […]
Sarah RundellOctober 22, 2013
WPF Risk Summit
Hybrids: best of both worlds
The funding levels of US public pension funds, falling from 100 per cent in 2001 to 77 per cent now, is the result of bad governance, according to David Villa, chief investment officer of the $91 billion State of Wisconsin Investment Board (SWIB). He says irrational governance and imprudent management has resulted in the funding […]
Amanda WhiteAugust 27, 2013