Public Pension Funds Hesitate to Combine Executive Positions

Of late, many U.S. public pension funds have been actively seeking ways to boost the compensation of their chief investment officers (CIO). But most are hesitant to combine the roles of executive director (ED) and CIO, according to investment professionals, because the skills required for each position can be very different. Alaska Dips a Toe …

Are OCIOs Closing in on Elusive Public Pension Pot of Gold?

Moves by public pension funds this year to entrust outsourced chief investment officers (OCIOs) with discretionary oversight of substantial portions of their portfolios have industry insiders asking: Have OCIOs finally cracked the code to access public pension plan accounts? In particular, news in the summer that the $18.4 billion Illinois State Board of Investment (ISBI) voted to …