U.S. SIF Releases ESG Guide in Effort to Reduce Greenwashing and Increase Institutional Implementation

U.S. SIF: The Forum for Sustainable and Responsible Investment has released the third installment of its three-part report on sustainable investing titled: Moving Forward with Sustainable Investing: A Roadmap for Asset Owners. The report outlines the basics of sustainable investing and provides guidelines to help highlight best practices that investors can be proactive about implementing …

Texas Tech Seeks Senior Investment Officer

Texas Tech University System endowment (TTUS) is looking to hire a senior investment officer and hopes to make an offer to a candidate by the summer. “We are building out the investment team and are in the process of onboarding two analysts right now,” said Dan Parker, Deputy CIO, Texas Tech University System. The role is a new position at the endowment. The …

Asset Owner Profile: Washington State’s Bruebaker Set on Securing Public Employees’ Financial Futures

Gary Bruebaker, chief investment officer of the Washington State Investment Board (WSIB), oversees $128 billion in assets, a portfolio that includes the retirement assets of over three quarters of a million current and former public employees. Having such a large pool of investments under his discretion and having booked more than 40 years in the …

Chief Investment Officers Fess Up on their Biggest Fears

At Markets Group’s 7th Annual Tri-State Institutional Forum, Antonio Rodriguez, director of investment strategy, NYC Board of Education Retirement System, posed the question:” What keeps you up at night, currently?” to the CIOs sitting on the Conversation with the Region’s Leading Chief Investment Officers panel.  We know there are a lot of sleep deprived CIOs …

Institutional CIOs Opine on Governance, Asset Allocation at Tri-State Forum

At Markets Group’s 7th Annual Tri-State Institutional Forum, which took place on March 27th, Antonio Rodriguez, director of investment strategy at the New York City Board of Education Retirement System, moderated a panel entitled: Conversation with the Region’s Leading Chief Investment Officers. Rodriguez led the discussion with a trio of panelists that included: Anthony O’Toole, …

What Would Freud Say? Texas Muni Puts Managers to the (Psyche) Test

Chris Schelling, director, private equity, at Texas Municipal Retirement System (TMRS), has long had an interest in psychology. He majored in psychology at the University of Illinois at Urbana-Champaign before going on to receive his MBA from the University of Illinois at Chicago and an MS in financial markets from the Illinois Institute of Technology.  …

Investment Strategy: Kentucky System Looks to Take Advantage of Coming Distressed Cycle

The investment team at the Kentucky Retirement Systems (KRS),which includes the Kentucky Employees Retirement System, the County Employees Retirement System, and the State Police Retirement System, is preparing for what they believe is a coming recession, by looking for opportunities to invest in distressed assets. It is also lightening its public equities exposure, moving more fixed income and stocks into …

USF Endowment Rebalances Portfolio, Increases Equities Target

The University of San Francisco endowment has increased its domestic equities portfolio target from 23% to 33% of its overall portfolio, and its international public equities target from 15% to 20%, to be more in-line with its current, actual allocations, according to Stacy Lewis, associate vice president, finance and treasury, at the $400 million endowment. …

KRS Seeks EM, U.S. Micro-Cap and Distressed- Opportunities Managers

The Kentucky Retirement Systems (KRS), which includes the Kentucky Employees Retirement System, the County Employees Retirement System, and the State Police Retirement System, is seeking several new managers in various classes as it shakes up its investment portfolio, according to Rich Robben, who in February was named chief investment officer (CIO) of the Kentucky System, effective April …

Renewables Dominate Infra Sector as ESG Resonates with Investors

Renewable energy deals heated up the infrastructure sector last year, as investors sought to put an Environmental, Social Governance (ESG) focus on more of their investment portfolios. The trend should continue this year, according to Patrick Adefuye, head of real assets at research firm Preqin. Europe has been leading the charge in renewable deal offerings, but …