Global investors face the difficult task of setting asset allocation in an environment where the global macro-economic backdrop suggests chaos and downside risk but markets continue to perform strongly.
A knowledge exchange between the State of Wisconsin Investment Board and its manager, Parametric, has seen the fund become comfortable understanding the instruments involved to manage a chunk of its total levered allocation in-house.
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.
Top1000funds.com is the market leading news and analysis site for the world’s largest institutional investors. It focuses on leading the global investment industry to continuous improvement through case studies of best practice in governance and decision making, portfolio construction and efficient portfolio management, fees and costs, and sustainable investing.
The publication pushes the industry to question whether status quo processes and behaviours to tackle risks and opportunities will be sufficient in the future, and actively campaigns for diversity, sustainability, transparency, innovation and better alignment of fees in the investment industry.
Top1000funds.com is read by investment professionals in more than 40 countries.
FIS Stanford 2025