Minnesota Children’s Hospitals’ CIO Slocum Driven By ‘Great Mission’

Institutional Allocator Reporter Kaitlyn Mitchell sat down with Susan Slocum, treasurer and chief investment officer (CIO) of Children’s Hospitals and Clinics of Minnesota (Children’s), a foundation with $750 million in assets under management (AUM), while attending Markets Group’s 5thAnnual Great Plains Forum in Minnesota on September 12. Slocum ascended from treasurer to treasurer and investment officer …

Stamford Police Pension Board Reaps Payoff from Securitized Products

The Stamford Police Pension Board has gradually shifted its $37 million traditional fixed-income allocation to multi-strategy-securitized credit and hedge funds. The move is continuing to pay off.  On a year-to-date basis, through March 31, Stamford pension’s securitized credit exposure was up 8.5%, while its standard fixed income index, the BloombergBarclays US Aggregate Index was down …

Illinois U. System to Replicate $5 Bn in Equities with Exchange-listed Options  

The Champaign, Illinois–based State Universities Retirement System of Illinois (SURS), with approximately $20 billion in assets under management (AUM), is using an exchange-listed options strategy to hedge what some observers perceive as a U.S. equities market on the cusp of a painful tumble, in order to beat the market. “Some option strategies can trail. But …

Canada Leads the ETF Charge

Canadian institutions are at the forefront of a growing move by institutions worldwide to integrate exchange-traded funds (ETFs) into their portfolios, according to the 2017 Canadian Exchange-Traded Funds Study, recently released by Greenwich Associates. In fact, the 52 Canadian institutions that participated in the study currently allocate an average 18.8% of their total assets to …

Amid Rising Interest Rates, Investors See Liquidity Benefit in Fixed-Income ETFs

Institutional investors are moving in increasing numbers into fixed-income exchange-traded funds (ETFs), according to a recently released Greenwich Associates study, ETFs: Valuable Versatility in a Newly Volatile Market. The heightened demand for these products is derived from insufficient liquidity in the fixed-income market as well as institutional portfolios adjusting to an environment of rising interest rates, …