For the ninth consecutive year, CIO is announcing its short list of the most innovative asset owners and asset managers. Nominated by a network of their peers who represent more than $1.8 trillion in assets under management, the brightest and most forward-looking asset owners have made it onto our 2018 short list for CIO’s Innovation Awards.
Finalists were selected following a two-month nomination period which produced hundreds of entries. Our shortlist was finalized by the CIO editorial team and our advisory board of asset owners: Raphael Arndt, CIO of Australia’s Future Fund; Jagdeep Singh Bachher, CIO, vice president of investments, University of California; Matt Clark, CIO, South Dakota Investment Council; Scott Evans, (retired) CIO, New York City Pension Funds; David Holmgren, CIO of Hartford HealthCare; Tom Joy, CIO, Church of England; Kim Lew, CIO, Carnegie Corp. of New York; Richard Nuzum, president of Mercer’s global wealth business (2017 Consultant of the Year); and Bob Watson, CIO of FCA US.
We asked nominators to share their answers to three central questions: Who is inspiring to you? How are they innovative? Which asset owners are challenging the status quo and succeeding?
We also asked which asset managers and service providers had honestly offered them something of true value that fit their investment needs over the long term.
Since we started these awards in 2010, “innovation” has perhaps become an overused buzzword. While others may confuse innovation with change, we do not: Our goal since the beginning has been to highlight the truly innovative approaches to asset owning and asset management, separating the merely different from the meaningful. As a result, over the past seven years, we’ve honored an ever-growing list of the world’s most innovative thinkers on both sides of the business. This year, we added a new ESG category to reflect the traction it is showing in portfolio management.
Winners of all categories will be announced at the ninth annual Innovation Gala, which will again be held at the New York Public Library on December 13, following CIO’s Influential Investors Forum at the Harvard Club.
Our finalists are:
Asset Owners
Lifetime Achievement Award
Mansco Perry, III (Minnesota State Board of Investment)
Collaboration
Chris Ailman (CalSTRS)
Jerry Albright (Texas Teachers)
Jagdeep Singh Bachher (UC Regents)
Kristian Fok (CBUS)
Jim Grossman (PA PSERS)
David Holmgren (Hartford HealthCare)
Sonya Sawtell-Rickson (HESTA)
Corporate Defined Benefit Pension Plan Above $15 Billion
Stewart Brentnall (New South Wales TCorp)
Doug Brown (Exelon)
Harshal Chaudhari (IBM)
Jeff Lewis (Federal Express)
Andy Ward (Boeing)
Corporate Defined Benefit Pension Plan Below $15 Billion
Robert DeAngelo (Eversource)
Jonathan Glidden (Delta)
Cliff Moore (Michelin North America)
Vincent Morin (Air Canada)
Fred Nieuwland (Mars)
Susan Ridlen (Eli Lilly)
Defined Contribution Plan
David Bell (Mine Super)
Mark Fawcett (NEST)
Bob Hunkeler (International Paper)
Andy Ward (Boeing)
Rob Wylie (South Dakota Retirement System)
Endowment
Anne Dinneen (Hamilton College)
Meredith Jenkins (Trinity Wall Street)
Narv Narvekar (Harvard Management Co.)
Allison Thacker (Rice University)
Holland Timmins (Texas Permanent School Fund)
Karl Scheer (University of Cincinnati)
ESG
Chris Ailman (CalSTRS)
Dan Chu / Michael Brune (Sierra Club)
Rob Manilla (Kresge Foundation)
Susan E. Manske (MacArthur Foundation)
Geir Øivind Nygård (Norwegian Sovereign Wealth Fund)
Douglas Wesley (Illinois SURS)
Foundation
Rosalind Hewsenian (Helmsley Charitable Trust)
Jonathan Hook (The Harry and Jeanette Weinberg Foundation)
Jim Bethea (University of Iowa Center for Advancement Foundation)
Nick Moakes (Wellcome Trust)
Joel Wittenberg (W.K. Kellogg Foundation)
Katharine “K.C.” Krieger (The Eli and Edythe Broad Foundation)
Healthcare Organization
Cameron Black, (Blue Cross Blue Shield of Arizona)
Ryan Bailey (Children’s Health System of Texas)
Jason Klein (Memorial Sloan Kettering)
Rob Kowalski (Beaumont Health Detroit Michigan)
Leslie Lenzo (Advocate Aurora Health)
Rob Roy (Adventist Health System)
Anthony Waskiewicz (Mercy Health, St. Louis)
Public Defined Benefit Plan Below $15 Billion
Brian Collett (Missouri LAGERS)
Linda Herman (Montgomery County Employee Retirement)
Jason Malinowski (The Seattle City Employees’ Retirement System)
Sam Masoudi (Wyoming Retirement System)
Scott Simon (Colorado Fire and Police)
Public Defined Benefit Plan Between $15 Billion and $100 Billion
Scott Davis (Indiana PERS)
Jonathan Grabel (LACERA)
Robert Maynard (Public Employees’ Retirement System of Idaho)
Amy McGarrity (Colorado PERA)
John Skjervem (Oregon State Treasury)
Tom Tull (Texas ERS)
Public Defined Benefit Plan Above $100 Billion
Chris Ailman (CalSTRS)
Jerry Albright (Teacher Retirement System of Texas)
Gary Bruebaker (Washington State)
David Villa (State of Wisconsin Investment Board)
Sovereign Wealth Fund
Paul Ballard (Texas Treasury Safekeeping Trust Co.)
Ole Christian Bech-Moen (Norway)
Jeffrey Jaensubhakij (GIC)
Steve Moise and Robert “Vince” Smith (New Mexico State Investment Council Permanent Funds)
Peter Madsen (SITFO)
Ian Patrick (Sunsuper))
Consulting
Chris Farrington (Pavilion)
Jay Love (Mercer)
Allan Martin (NEPC)
Matt Mullarkey (Aksia)
Becky Wood (FEG)
Asset Management/Servicing Finalists
Fixed Income/Credit
DoubleLine
PIMCO
Owl Rock Capital
TOBAM
Wells Fargo
Equities
BlackRock
JP Morgan Asset Management
PineBridge Investments
Vontobel Quality Growth
Wellington
Multi-Asset
Bridgewater
Goldman Sachs Asset Management
Insight Investment
Neuberger Berman
PineBridge Investments
Private Equity
Adian LBO
Advent International
Brookfield
Silver Lake
Warburg Pincus
Hedge Funds
AQR
Balyasny Asset Management
Citadel
Point72 Asset Management
Two Sigma
Real Assets
Aberdeen Standard
Brookfield
DoubleLine
Pantheon
TIAA
Defined Contribution Strategies
BlackRock
Northern Trust
PIMCO
Prudential
Vanguard
OCIO
Fidelity Investments
Goldman Sachs Asset Management
Russell Investments
SEI
Wilshire
Corporate Strategies
Capital Group
Legal and General Investment Management
NISA
Nuveen
Schroders
Transition Management
Macquarie
Northern Trust
Pavilion
Penserra
State Street
Data & Technology
Backstop Solutions
Caissa
DiligenceVault
FactSet
Predata
ESG
Acadian Asset Management
BNP Paribas
Generation Asset Management
Invesco
Voya Investment Management
Emerging Markets
AB (AllianceBernstein)
Franklin Templeton Investments
Lazard Asset Management
Oppenheimer
PGIM
Tags: CIO, Industry Innovation Awards, Innovation Awards 2018