Nationwide ignores disruptions, succeeds
The Nationwide Pension Fund restructured its C&D section with a strategy that slowly cut risk over time and ignored the many recent disruptions to global markets. The results were impressive.
Allocation changes are optional
The $12.5 billion School Employees Retirement System of Ohio decided realigning its portfolio was a better path to its goals than new asset allocation, CIO Farouki Majeed writes.
Sort content by
Looking for illiquidity
National Employment Savings Trust CIO Mark Fawcett says the fund is leveraging its growth to pursue illiquid assets for premium returns, greater diversification and reduced volatility.
The trust effect
Successful investment management comes from a culture that supports and nurtures talent. This requires functional governance built on trust between the board and the investment team.
Relatively simple
Family dynamics are complex enough. Without simple, straightforward discussions and clarity of mission that resist the allure of complexity, the family office will struggle to achieve its goals.
Active? Only when necessary
High management margins and low returns will continue to push owners towards passive investments. But active managers can add value in asset classes that require special expertise or access.
Risk management’s next level
UC Regents’ Risk Management 3.0 aims to be a better predictor of financial crises, by going beyond historical trends and stress testing, to look at how people and systems behave under pressure.
Asset Allocation