LACERA’s Grabel Emphasizes ‘Strategic Asset Allocation’
During a CIO webinar interview, Los Angeles County Employees Retirement Association CIO Jonathan Grabel explained how the fund designs its portfolio.
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CIO Interview Series: Jonathan Grabel, CIO, LACERA
Jonathan Grabel, CIO of the Los Angeles County Employees Retirement Association, spoke with CIO as a part of the 2025 CIO interview webinar series about asset allocation, how a plan can construct a portfolio against the changing dynamic of interest rates, and more.
US Equities Lead 9.8% PennSERS Return for 2024
The pension fund raised its asset value by $3.5 billion to $38.7 billion despite ending the year with a Q4 loss.
Report Claims CalPERS’ Sustainability Portfolio Runs on Oil
However, the largest pension fund in the U.S. says the pro-investment approach is more effective than divestment.
Danish Pension Fund: Musk ‘Destroying’ Tesla Brand, Value
The $21 billion AkademikerPension announced it will sell its remaining shares of Tesla stock unless a shareholder proposal is approved in June.
OMERS Names Alexander Fraser as Private Equity Head
Succeeding Michael Graham following his retirement, Fraser will report to Ralph Berg.
CPP Investments Names Ben Meng as Head of Investment Portfolio Management
The former CalPERS CIO joins from Franklin Templeton.
Corporate Pension Funding Ratios Decline Amid Weak Market Returns
Pension finances weakened on lower returns in February.
Dhillon Nominated to Lead PBGC
The former Equal Employment Opportunity Commission chair under President Donald Trump is now expected to lead the Pension Benefit Guaranty Corporation.
CalSTRS Achieves 7.7% Return in 2024, Assets Reach $349.7B
Returns for the California State Teachers’ Retirement System were boosted by equities.
Capricorn Investment Group Adds to OCIO Practice
Mark Berryman and Nick Flores joined the firm as partners from multi-family office Caprock.
How Sports, Niche Investments Provide Diversification, Risk-Adjusted Returns
Asset allocators are increasingly interested in sports, and Cordillera’s Ashley Marks explains that such opportunities are attractive to the right portfolio.
Ontario Teachers’ Makes Nearly 8-Fold Gain From C$4.6B Amica Sale
The pension fund acquired the luxury senior homes operator in 2015 for C$578 million.
Connecticut Democrats Try Private Endowment Tax Again
This time around, they may have help from congressional Republicans.
South Korean Pension NPS Rakes in Record 15% Gain in 2024
The National Pension Service’s second consecutive all-time high annual return raised its asset value to $830 billion.