Don’t Miss Out: Nominate for the CIO Innovation Awards by August 28

Nominate the best asset owners, consultants and managers for this year’s awards.



The deadline for nominations to the 2022 Chief Investment Officer Industry Innovation Awards has been extended to August 28.

Take this opportunity to help CIO find the people and firms that are changing this business for the better.

Since 2010, CIO has used this awards program to highlight truly innovative new approaches to the challenges of institutional asset ownership and asset management.

CIO is asking for your help in identifying the people at asset owner, asset management and consultant organizations that are driving innovation in institutional investing. If you work with or for a great asset owner, asset manager, consultant or service provider, please help us recognize the best in the business.

Nominate asset owners here.

Nominate asset management, consultant or service provider firms here.

Please feel free to make as many nominations as you’d like.

Asset owners can be nominated in any of 13 categories, based on the kind of fund or plan they represent or the category of work in which they have been innovators.

  • Public Defined Benefit
  • Sovereign Wealth
  • Corporate Defined Benefit
  • Corporate DC Plans
  • Public DC Plans
  • Health Care Plans
  • Endowments
  • Foundations
  • Nonprofits
  • Risk Management
  • Efforts in Diversity
  • Efforts in ESG
  • Most Collaborative

Asset managers, consultants and service providers can be nominated in 17 different categories, based on asset classes and industry function.

  • Consultant of the Year
  • Liability-Driven Investing (LDI)
  • OCIO
  • Defined Contribution Plans
  • Diversity
  • ESG
  • Data and Technology
  • Emerging Markets
  • Public Fixed Income
  • Hedge Funds
  • Multi Assets
  • Pension Risk Transfer
  • Private Credit
  • Private Equity
  • Public Equity
  • Real Assets and Infrastructure
  • Transition Management

Award recipients across all categories will be honored at the CIO Industry Innovation Awards Dinner on December 6, 2022, in New York City.

Finalists and winners of the awards will be featured online at ai-cio.com. The 2021 class of Industry Innovation Award winners can be viewed here.

The deadline for nominations is August 28, 2022, at 11:59 p.m. ET.

Questions can be directed to awards@issmediasolutions.com.

Related Stories:

2019 Industry Innovation Awards

2019 Asset Management & Servicing Winners

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2018 Industry Innovation Awards

2018 Asset Management & Servicing Winners

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NY State Pension Returns 9.5% in FY 2022, While NYC Pensions Lose 8.65%

New York State Common Retirement Fund benefits from having a fiscal year that ended before the second-quarter market slump.




The New York State Common Retirement Fund has reported a 9.51% investment return for fiscal year 2022, while the New York City Retirement System reported an annual preliminary loss of 8.65% among its five pension funds.

 

However, the fiscal year for the state’s pension ended March 31, while the city’s pension funds ended their fiscal year June 30, after a quarter during which global markets tumbled and the S&P 500 fell by more than 16%.

 

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“There has been tremendous volatility in the markets in recent months, but thanks to the state pension fund’s diverse investments, it finished the year above our assumed rate of return,” New York State Comptroller Thomas DiNapoli said in a statement. “Still, the turmoil in the markets since Russia’s invasion of Ukraine has sent shockwaves through the financial world with repercussions that are ongoing. With inflation and supply chain issues continuing to impact the economy, we expect a challenging investment environment for the foreseeable future.”

 

The portfolio’s alternative investments buoyed the pension fund’s returns, which raised the portfolio’s asset value to $272.1 billion as of March 31. Private equity returned 37.57% for the year, while the fund’s real estate investments and real assets returned 27.4% and 16.12% respectively. The three asset classes account for nearly 24% of the portfolio’s total asset allocation. The pension fund recently reported that it had committed more than $3 billion in alternative investments during June alone.

 

The NYCRF had an asset allocation of 49.70% in publicly traded equities, 21.18% in cash, bonds and mortgages, 13.64% in private equity, 10.00% in real estate and real assets and 5.48% in credit, absolute return strategies and opportunistic alternatives. The fund’s long-term expected rate of return is 5.9%.

 

Meanwhile, despite losing 8.65% during its fiscal year, the NYCRS announced in a release that the city’s pension funds performed better than their benchmarks.

 

“Despite market declines on a scale that haven’t been seen in decades, the New York City Retirement Systems outperformed our benchmarks and are well-positioned to weather market volatility over the long term,” New York City Comptroller Brad Lander said in a statement. “I am grateful for the hard work of Interim Chief Investment Officer Michael Haddad and the entire Bureau of Asset Management, for navigating the systems through a challenging market environment.”

 

Steven Meier officially took over as CIO for the city’s retirement system on August 1.

 

NYCRS also named Marek Tyszkiewicz as the city’s new chief actuary. By law, the chief actuary is the designated technical adviser to boards of trustees of the NYCRS, which include the New York City Employees’ Retirement System, the Teachers’ Retirement System, the Board of Education Retirement System, the New York City Police Pension Fund, and the New York Fire Department Pension Fund.

 

Tyszkiewicz will oversee the actuarial calculations for city employees’ post-employment benefits. His office will also determine employer contributions and funded status for the retirement systems, prepare employer contributions for use in developing budget and financial plans and certify benefits for retiring employees.

 

Related Stories:

New York State Pension Invests Over $3 Billion in Alts in June

Steven Meier Named CIO of New York City Pension System

New York Pension Plans Launch Fight to Dislodge 2 Amazon Directors

 

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