Interview with Pentegra’s Scott Stone: Part 2

For our second video series installment, Managing Editor Leslie Kramer sat down with Pentegra Retirement Services’ CIO Scott Stone, at Markets Group’s Tri-State Institutional Forum in New York, to discuss “the crisis” of unfunded liabilities at U.S. pension funds, and how Pentegra has been so successful in funding its own liabilities. This is part-two of …

NJ HF Cut Just Latest Action in Industry’s Value-For-Fees Pursuit

The New Jersey Division of Investment’s decision at the close of May to halve the state’s pension funds’ hedge fund allocation to 3% from 6% to save on asset management fees raised nary an eyebrow, viewed by the industry as just business as usual—just another fund in a long and growing list of institutional asset owners …

Asset Owner Profile: OHSERS’ CIO Majeed Seeks Right Perspective in Topsy-Turvy World

Farouki Majeed, chief investment officer of the School Employees Retirement System of Ohio (OHSERS), has been heading the investment team there for close to seven years. His route to that role has been a long one, including stints in Sri Lanka, Abu Dhabi, Minneapolis and Sacramento. In an interview with Institutional Allocator, Majeed shared his …

Pentegra CIO Stone Discusses Unfunded Liabilities Crisis

For our second video series installment, Managing Editor Leslie Kramer sat down with Pentegra Retirement Services‘ CIO Scott Stone at Markets Group’s Tri-State Institutional Forum in New York to discuss what he sees as the crisis of unfunded liabilities at pension funds around the country. This is part one of a five-part series.

Bruebaker Will Be “Present” in His Retirement

Gary Bruebaker, chief investment officer of the $135 billion Washington State Investment Board (WSIB), will retire on December 20, 2019, after 18 years on the job. Institutional Allocator took the opportunity to speak with Bruebaker about his reasons for retiring and to ascertain the pension fund’s plans for replacing him. The WSIB’s goal is to …

IA Strategy: Colorado FPPA Targets Summer to Begin A/L Rejig

The Greenwood Village, Colo.-based Fire & Police Pension Association of Colorado (FPPA) is entering the final stages of an approximately year-long effort to change aspects of its asset allocation and by so doing begin a multi-year process to de-risk approximately one-quarter of its overall investment portfolio, or $1.3 billion. The fund anticipates beginning the implementation of the project …