CTPF’s CIO Lays Out Factors in Fund’s GP Selection

The approximately $11 billion Chicago Teachers Pension Fund (CTPF) has a 9% allocation to real estate, 6.9% of which is managed by external asset managers that are general partners (GPs). The fund expends a great deal of time and effort in its selection process for GPs with which to do business. According Angela Miller-May, CTPF’s …

Russell’s CIO Has Three-Step Advice to Handle Market Correction

Russell Investments helps investors manage downside risk in three ways: by diversifying sources of returns, by using a robust dynamic asset allocation process to guide tactical positioning, and by seeking effective implementation capabilities, according to Peter Gunning, the firm’s global chief investment officer and chief executive officer, Asia-Pacific. He added that the firm has been …

CIBC AM’s CEO Says Alts Investing is a Challenge

Liquid alternatives investments represent a wide range of asset classes and strategies giving investors many more moving parts to understand and master than traditional investment solutions, which makes succeeding in the strategy quite a challenge, according to David Scandiffio, president and CEO, CIBC Asset Management. “Given the multifaceted playing field, experience and investment skills are …

Washington Trust’s Cloutier Banking on Deep-Dive Research to Drive PW Biz

Richard Cloutier, Jr., chief investment strategist in the wealth management division of Washington Trust Bank, is an advocate of deep-dive research as a way to help the bank’s portfolio managers better serve clients and mitigate risk. “We are strong advocates of research and continually engage in research to ensure that our strategies provide the best risk-adjusted …

So Far, So Good with RE Debt Market: Verus’ Nicolini

John Nicolini, a managing director and senior consultant with Verus, sees no signs that the real estate lending market is declining.  “Lots of capital is still chasing deals from insurance, banks and private capital, he said, adding that “It will likely take a valuation incident to scare debt capital from the markets.” Nicolini, who is …

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 …

CIOs Mix It Up on Myriad Questions, Concerns

What are the interesting trends in 2019? What does the future of private equity investment hold? Where are returns to be found at the close of a bull market?  And where does the search begin for strategies that can provide solid returns while delivering protection across asset classes?  These were just some of the questions …

IA Strategy: Minnesota Endorses $1B Private-Markets Recommendation

The Investment Advisory Council of the Minnesota State Board of Investment (MSBI) has given the thumbs up to a staff recommendation that MSBI make commitments to eight private equity funds, totaling approximately $1 billion.    At a May 20 meeting, the Investment Advisory Council, which provides advice to the $96 billion MSBI and its Executive Director, …

Almost All Investors to Boost “Impact” Allocation Over Next Three Years: KBIGI Survey

A whopping 94% of responders to a new survey released by Dublin-based KBI Global Investors (KBIGI) say they are looking to increase their allocation to impact over the next one to three years. The survey found that 78% of respondents are currently investing in the impact investment space, with 21% investing through public equity, 21% …

Democratizing Investment Research for Alpha in Changing Markets

A Guest Article By Kamal Suppal Most would probably agree that tectonic changes are sweeping across economics, politics, business and capital markets. And it is in a rapidly changing world that investment portfolios must continue fighting to bridge gaping funding shortfalls and/or meet spending targets. The new investment paradigm demands the capture of as many …